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6) Thus, the sociology-based budgeting literature sometimes represented practices like participative budgeting and budget-based performance evaluation and compensation as ways of simplifying organizational decision making for boundedly rational individuals, and sometimes represented them as part of the construction, functioning, and occasional breakdown of power relations in and around organizations.
196) Like any other individual, the norm entrepreneur is boundedly rational, although he may have some specialist knowledge.
Of course, boundedly rational school choice behaviors are understandable in the context of imperfect decision makers handling difficult choices amid the many simultaneous demands of their lives.
The fundamental benefit of RVHI, enabled by relative value ratings, is its ability to help boundedly rational consumers to more rationally allocate their resources between medical care and other desirable goods and services.
Other terms in the literature also need further clarification, including the terms boundedly rational, ecologically rational, and socially rational (Chase, Hertwig, and Gigerenzer 1998).
abstract_id=1522948 ("RPM is often the product of systematic error on the part of real-world, boundedly rational manufacturers.
The article by Michael Cwikel is devoted to a more than 40 years open problem of whether an operator mapping one Banach couple boundedly into another and acting compactly on one (or even both) of the 'endpoint' spaces also acts compactly between the complex interpolation spaces generated by these couples.
Clearly, the absence of auto-correlation among the residuals is one of the necessary conditions for the forecasts, from the proposed models, to be boundedly rational.
Consumers "are boundedly rational decisionmakers who will normally price only a limited number of product attributes as part of their purchase decision.
In a recent issue of this journal, an interesting paper by West and Linster (2003) used fuzzy rules to show that Nash equilibrium behavior can be achieved by boundedly rational agents in two-player games with infinite strategy spaces.