Use "bounded rationality" in a sentence

1. In Bounded Rationality in Macroeconomics, Thomas Sargent seeks to inform the reader about Bounded rationality and, more importantly, to persuade him that Bounded rationality is a valuable approach to macroeconomic problems.

2. Rubinstein , A . Modeling Bounded Rationality . MIT Press, 19

3. Bounded rationality is a weak form of rationality.

4. We shall see that decision-makers tend to reach decisions on the basis of bounded rationality.

5. The first article uses an existing model to confirm the proposition that Bounded rationality is an implicit constituent of system dynamics models, whereas the second article uses the concept of Bounded rationality as a starting point for building a model.

6. Bounded rationality, the notion that a behaviour can violate a rational precept or fail to conform to a norm of ideal rationality but nevertheless be consistent with the pursuit of an appropriate set of goals or objectives