bounded rationality en · NOUN
Etymology
Coined by American political scientist Herbert A. Simon.
Meanings
- (uncountable) A model of human behaviour which states that individuals often make decisions that are merely adequate rather than optimal.
Relateds
Translations (3)
fi rajoitettu rationaalisuus (Translations) · pl ograniczona racjonalność (Translations) · fi rajoittunut rationaalisuus (Translations)