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ADA072 522 UNCLASSIFIEDHARVARD UNIV CAMBRIDGE MA CENTER ON DECISION AND CONE TC FIG 12/1 THE GARBLING DECISION MAKER: * MODEL OF BOUNDED RATIONALITY. (U) MAY 79 N PAPADOPOULOS fl Stirs I1.0 ii l 3

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What is a boundedly rational decision?

A boundedly rational decision is one made using simplified and limited information and cognitive abilities.

Who is required to file a boundedly rational decision?

Any individual or organization making decisions under constraints of limited time, resources, and information may file a boundedly rational decision.

How to fill out a boundedly rational decision?

To fill out a boundedly rational decision, one typically considers available information, weighs options based on the constraints, and selects a decision that meets the criteria.

What is the purpose of a boundedly rational decision?

The purpose of a boundedly rational decision is to make a practical choice within limits of time, resources, and information.

What information must be reported on a boundedly rational decision?

A boundedly rational decision should include the factors considered, options evaluated, rationale for selection, and any assumptions made.

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