What is bounded rationality? How do the assumptions under the rational decision-making model and bounded rationality differ?

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What is bounded rationality? How do the assumptions under the rational decision-making model and bounded rationality differ? What are the major differences between the planned and the emergent schools of thought?

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Managing Change Enquiry And Action

ISBN: 9781316639252

Australasian Edition

Authors: Paul Krust, Selvi Kannan

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Question Posted: Jul 24, 2024 06:00 AM

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What is bounded rationality? How do the assumptions under the rational decision-making model and bounded rationality differ?

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Managing Change Enquiry And Action

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