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This paper analyzes a boundedly rational decision maker who is uncertain about his preference and faces the following …-off there is an optimal number of goods that the decision maker wants to analyze before making his final choice. The choice of … with good consumer service can be a signal for high quality of the store. -- Decision making ; Bounded rationality ; Choice …
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shadows on the spontaneous order and ecological rationality -- Conclusion: Hayek's Golden nugget in decision-making theory …Intro -- Smart Economic Decision-Making in a Complex World -- Copyright -- Dedication -- Endorsements -- Contents …: Background sources for, smart economic decision-making in a complex world -- References -- Chapter 2 The evolution of decision …
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