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Overview of Decision-Making Models by Shreya Dikshit is a document available to read on EtoBox.

What is Overview of Decision-Making Models about?

The document discusses three models of decision making: (1) The rational/classical model which assumes complete information and rational decision makers, (2) The bounded rationality or administrative model proposed by Herbert Simon which recognizes limitations in rationality, and (3) The retrospective decision model which focuses on rationalizing choices after they are made. It also covers Simon

Author

Shreya Dikshit

Language

EN