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Keywords: satisficing
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Journal Articles
Journal:
Review of Behavioral Economics
Review of Behavioral Economics (2014) 1 (1-2): 99–114.
Published: 15 January 2014
... environments — must differ from the actual decision situation. Mental modeling is thus one step in the possible recursive process of boundedly rational reasoning which precedes belief and goal formation and the search for satisficing behavioral options. How we cognitively perceive a choice task is usually...
