Concept information
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crisis management
civil crisis management
decision making
the psychology underlying decision making
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crisis management
civil crisis management
decision making
the psychology underlying decision making
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learning and perception
cognitive processes
decision making
the psychology underlying decision making
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politics and international relations
governance
decision making
the psychology underlying decision making
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social psychology
judgment and decision making
decision making
the psychology underlying decision making
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business and management
management skills
decision making
the psychology underlying decision making
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process approach to leadership
situational leadership
decision making
the psychology underlying decision making
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cognitive psychology
thinking (psychology)
decision making
the psychology underlying decision making
Preferred term
bounded rationality and emotions
Definition
- The rational decision maker with limitless capacities to process information does not exist. People's cognitive and emotional resources are bounded (limited), thereby motivating them to engage in strategies to maximize effective use of these resources. [Source: Encyclopedia of Medical Decision Making; Bounded Rationality and Emotions]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/bounded_rationality_and_emotions
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