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ADVERTISEMENTS: The decision-making process though a logical one is a difficult task. All decisions can be categorized into the following three basic models. (1) The Rational/Classical Model. (2) The Administrative or Bounded Rationality Model. ADVERTISEMENTS: (3) The Retrospective Decision-Making Model. All models are beneficial for understanding the nature of decision-making processes … download Models of Bounded Rationality ebook Models of Bounded Rationality ePub download Thomas The Tank Engine Coloring Book Martin Vall möter Åsa Genkendelsens under Dubbelliv Jeg er stolt af dig Ensamhetens broar Stillsamheter Fornuft og følelse Rationality is the quality or state of being rational – that is, being based on or agreeable to reason. Rationality implies the conformity of one's beliefs with one's reasons to believe, and of one's actions with one's reasons for action. 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