Decision Making Approaches
Outline the meaning of Rationality Bounded Rationality and Intuitive approaches to decision making.
Individual Components 1.Demonstrate a specific example of Rationality using Decision Trees .( chart)
2.Demonstrate a specific example of Rationality using either a Payoff Matrix or Multivariate analysis
3.Find and describe an example of an Intuitive approach to decision making
First essay should altogether 2200 words.
Suggested limits are as follows:
?? Executive Summary: ideally one page
?? Sections 1: Introduction 400-450 words
Section 2: Main body of the essay consisting of each of the individual components limits each component to approximately 1300 words each
?? Sections 3: Conclusions 100-200 words ??
Recommendation 150-200 words
References (10 -15 references).Make sure please references have to be 100% other wise whole assignment is worthless thank you.