Asked by
Alyssa Warsalla
on Oct 22, 2024
Verified
The behavioural decision model describes decision making where people are assumed to act only in terms of what they perceive about a given situation.
Behavioural Decision Model
A theory explicating how individuals make decisions based on perceived information, biases, and psychological insights.
Perceive
To become aware or conscious of something through the senses.
- Outline the disparities between traditional and behavior-based decision-making theories.
Verified Answer
RA
Learning Objectives
- Outline the disparities between traditional and behavior-based decision-making theories.
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