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English-Nepali Dictionary

Bounded Rationality

सीमित तर्कसंगतता (Simit Tarkasangat-ta)

Definition (Noun)

The idea that decision-making is limited by the information people have.

"Bounded rationality explains why we don't always pick the best option."

"सीमित तर्कसंगतताले हामी किन सधैं उत्कृष्ट विकल्प रोज्दैनौं भन्ने व्याख्या गर्छ।"

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Frequently Asked Questions

The meaning of Bounded Rationality in Nepali is सीमित तर्कसंगतता. In Romanized Nepali, it is written as Simit Tarkasangat-ta.

As a Noun, the word "Bounded Rationality" is defined as: The idea that decision-making is limited by the information people have..

"सीमित तर्कसंगतता" is known as "Bounded Rationality" in English.

An example of "Bounded Rationality" in a sentence is: "Bounded rationality explains why we don't always pick the best option."