What do you mean by bounded rationality? Bounded rationality is a concept proposed by Herbert Simon that challenges the notion of human rationality as implied by the concept of homo economicus. Rationality is bounded because there are limits to our thinking capacity, available information, and time (Simon, 1982). Which statement is an example of bounded […]
What does the independent agency and Regulatory Commission have in common?
What does the independent agency and Regulatory Commission have in common? Explanation: Independent agencies and regulatory commision are both established by the government in order to set standards in a specific field of activity, or operations, and ensure that those standards are fully enforced. What do regulatory commissions do? Regulatory commissions and agencies are independent […]
Is it possible to create a utopian society?
Is it possible to create a utopian society? However, these attempts have rarely led to utopian societies because utopian societies are not possible without utopian people. It is our opinion that to create a Community based on the Highest Good For All, it is necessary that each resident also holds the consciousness of The Highest […]
What does Eliza say made all the difference in her becoming a lady?
What does Eliza say made all the difference in her becoming a lady? What does Eliza say made all the difference in her becoming a lady? Higgins ignoring her. Wearing the fancy dresses. How does Eliza change in Pygmalion? Higgins did change Eliza. Originally she was a kind innocent girl trying to stay alive in […]
What was one lasting effect of the age of revolutions?
What was one lasting effect of the age of revolutions? One lasting effect of the age of revolutions was that O liberals were successful in all nations and remain an active political force. O monarchs were inspired to be more democratic and granted rights to citizens. some monarchs were successfully overturned, allowing for the growth […]
What is meant by the term New South What did the proponents of the new South want to see?
What is meant by the term New South What did the proponents of the new South want to see? Proponents of the New South envisioned a post-Reconstruction southern economy modeled on the North’s embrace of the Industrial Revolution. Henry W. He urged the South to abandon its longstanding agrarian economy for a modern economy grounded […]
How does stress negatively affect students?
How does stress negatively affect students? Research indicates that students who suffer from severe stress may become depressed,12 be hindered academically,13 and experience adverse physical health. Does stress affect our ability to learn? Summary: Short-term stress lasting as little as a few hours can impair brain-cell communication in areas associated with learning and memory, researchers […]
Which action has come to symbolize the ending of the Cold War?
What causes air to circulate vertically and horizontally in relation to the surface of the earth?
What causes air to circulate vertically and horizontally in relation to the surface of the earth? Air Pressure and Winds Within the troposphere are convection cells (Figure below). Warm air rises, creating a low pressure zone; cool air sinks, creating a high pressure zone. Air that moves horizontally between high and low pressure zones makes […]
Why was third tier of the government created?
Why was third tier of the government created? In terms of population, Uttar Pradesh is bigger than Russia, and Maharashtra is about as big as Germany. There is lot of internal diversity in these states. Thus there is a need of power sharing within these states, for which third-tier of government is created. Why do […]