Difference between revisions of "Rational decision-making model"

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Latest revision as of 15:09, 4 January 2019

Rational decision-making model is a decision-making model that describes how individuals should behave in order to maximize some outcome.


Definitions

According to Organizational Behavior by Robbins and Judge (17th edition),

Rational decision-making model. A decision-making model that describes how individuals should behave in order to maximize some outcome.

Related concepts

Related lectures