Question
The bounded rationality model can be used in the
following situations except when __________Solution
TheĀ bounded rationality modelĀ of decision making recognizes the limitations of our decision-making processes. According to this model, individuals knowingly limit their options to a manageable set and choose the first acceptable alternative without conducting an exhaustive search for alternatives.Ā When information on alternatives can be gathered and quantified, a rational decision-making modelĀ is used so as to maximize the quality of their outcomes.
How is "credit scoring" defined under the Credit Information Companies (Regulation) Act, 2005?
The period of limitation to file an application for leave to appear and defend a suit under summary procedure is:
Which section delas with the establishment of Depositor Education and Awareness Fund by the RBI under the Banking Regulation Act, 1949?
Which Islamic legal school requires the presence of two witnesses for a marriage contract to be considered valid?Ā
If the court has asked for the production of a document and the person does not produce it, then what shall the court presume?
Which of the following sections of the Specific Relief Act 1963, deals with cases where an injunction may be refused?Ā
What is meant by statutory interpretation?
Which of the following section of Evidence Act is related with the refreshing the memory?
As per Art. 213 of the Constitution, once an ordinance has been promulgated by the Governor in a State it will cease to operate within _________ from re...
Who are the persons by whom a promise is to be performed as per the Contract Act?
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