Marita is having difficulty deciding whether she should go on a date with Richard or with Lionel. She weighs the pros and cons of dating each gentleman, but according to the framework, cognitive limitations will prevent her from making an optimal decision.

Marita is having difficulty deciding whether she should go on a date with Richard or with Lionel. She weighs the pros and cons of dating each gentleman, but according to the Rational framework, cognitive limitations will prevent her from making an optimal decision.

Explanation:

"Rational choice theory is used to model human decision making. In this case, individuals are defined by their preferences over outcomes."

Bounded rationality

Explanation:

Bounded rationality is the concept that we make rational decisions mostly because the available time and the information accessible to us and our minds are limited.

It sees the decision-making procedure from a very different point of view and impossible to confirm all likely options whereby searching for a satisfactory result instead of an optimal or most favorable decision.

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