Human in real life does make a lot of decisions. Life decision, final decision, uncertain decision, certain decision, critical decision, and of course......financial decision.
Decision making - Choices of two or more than two with alternatives or options to confirm something.
Assumptions of rationality
~consistent, value maximising, bias-free, fairness
Bounded rationality
~Assumptions of rationality + bounded/limited/parameters
Intuition/Intuitive decision making
~Experiences, accumulated judgement, instinct and sixth sense
The End
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