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1. Which of the following multiattribute decision making strategies is NOT compensatory? A) Weighted Additive Rule B) Equal Weight Heuristic C) Frequency of Good and
1. Which of the following multiattribute decision making strategies is NOT compensatory? A) Weighted Additive Rule B) Equal Weight Heuristic C) Frequency of Good and Bad Features D) Satisficing 2. What advantage do noncompensatory multi-attribute choice strategies have over compensatory ones? 3. In which multi-attribute strategy does a person determine the most important attribute of options and then examine the value of all options in the choice set on that attribute looking for the highest? A) Equal Weight Heuristic (EQW) B) Weighted additive Rule (WADD) C) Lexicographic ordering (LEX) D) Elimination by aspects (EBA) 4. In which of the multiattribute decision making strategies (SAT), does the order of options influence choice? 5. Describe a situation in which you would be likely to satisfice. Describe a more normative multi-attribute strategy for that situation. Which strategy is more sensible in this situation, satisficing or the more normative one
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