Wouldn`t step 3 (f.e.) lead to a decision making paradox since you need to decide how to rate the different criteria? Just thinking outside the box since this model requires completely rational thinking which in most cases (my example) isn`t practicable
hi there I am struggling to understand this statement if you could take sometime to provide some relative information and guidance of how to write and a good essay on the statement below: Outline the microeconomic theory of preferences and rational decision making. How does the assumption of non-transitivity open the model to criticism, in light of recent evidence many thanks king regard
Hisham Ghunaim Basically you're rating the criteria against another criteria. So if I'm rating cost against time I would determine which criteria is more important to me. Likewise, I would then rate time against the long-term solution. This forces me to select the criteria that is the most important to me and helps assign weights to criteria for decision making purposes. I hope this helps.
#Decision can use rational choices. But can't we consider others, even knowing that they are more difficult to analyse? Tks for the video, sounds great, syn!
Excellent Video, Thanks for Sharing I was not able to take decision, but now with the help of “right decisions” Mobile app by Hanumappa. Decision making has become fun and easy for me.
Thank you so much,I needed to write 2 paragraph essay and now I can write it and hopefully get 100%
Wouldn`t step 3 (f.e.) lead to a decision making paradox since you need to decide how to rate the different criteria?
Just thinking outside the box since this model requires completely rational thinking which in most cases (my example) isn`t practicable
hi there
I am struggling to understand this statement if you could take sometime to provide some relative information and guidance of how to write and a good essay on the statement below:
Outline the microeconomic theory of preferences and rational decision making. How does the assumption of non-transitivity open the model to criticism, in light of recent evidence
many thanks
king regard
hey how to draw the relative comparison box???
Could you suggest some good sources of literature/authors on the theory around Rational Decision Making? Thanks.
Thank you so much, can you share scripts for this video?
how does rational decision model relate to the cognition process?
Am going to present dis tomorrow wish me luck
Good luck, Muhammed. Let us know how it goes.
@@Alanisbusinessacademy it went excellent thank you very much... i hard the highest mark
Nice work, Muhammed!
I didnot understand how we make a relative comparison between criteria can you elaporate on that ?
Hisham Ghunaim Basically you're rating the criteria against another criteria. So if I'm rating cost against time I would determine which criteria is more important to me. Likewise, I would then rate time against the long-term solution. This forces me to select the criteria that is the most important to me and helps assign weights to criteria for decision making purposes. I hope this helps.
@@Alanisbusinessacademywhats w the minus and plus signs i dont understand
im looking into the technical rational approach in policy analysis. can you explain how does it work
Hi...! Do you happen to know who created this model?
Hi Phalsombo. Honestly, I don’t but I do believe it’s the work of many instead of one person.
Thank you for you response 🙏
#Decision can use rational choices. But can't we consider others, even knowing that they are more difficult to analyse?
Tks for the video, sounds great, syn!
thnx for uploading these useful videos, i've become a fan of yours....
No problem. Glad I could help!
A private policy explanation of Comprehensive Rationality
Excellent Video, Thanks for Sharing
I was not able to take decision, but now with the help of “right decisions” Mobile app by Hanumappa. Decision making has become fun and easy for me.
Thank you
goldewl You're very welcome!
Great Video
History Class: 5 Paragraph Essay Example
nerdymates.com/blog/five-paragraph-essay
Go for a decision that is "satisfycing"😉