Speakur

Word Pronunciation & Dictionary

bounded rationality

Word Rarity Rare

Frequency: Zipf frequency 2.95 in modern English

Syllables
bound-ed ra-tional-i-ty
IPA
25
Scrabble Score
18
Letters
5
Syllables
12
Unique Chars

Meaning

noun

A model of human behaviour which states that individuals often make decisions that are merely adequate rather than optimal.

Uncountable

Etymology

Coined by American political scientist Herbert A. Simon.

Usage

Frequently Paired Words

satisfice satisficer

Questions

What does bounded rationality mean?
A model of human behaviour which states that individuals often make decisions that are merely adequate rather than optimal.
Where does bounded rationality come from?
Coined by American political scientist Herbert A. Simon.

How to pronounce bounded rationality

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