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Dictionary

Words, grammatical forms and meanings linked to the ontology.

bounded rationality en · NOUN

Etymology

Coined by American political scientist Herbert A. Simon.

Meanings

  1. (uncountable) A model of human behaviour which states that individuals often make decisions that are merely adequate rather than optimal.

Relateds

satisfice · satisficer

Translations (3)

fi rajoitettu rationaalisuus (Translations) · pl ograniczona racjonalność (Translations) · fi rajoittunut rationaalisuus (Translations)