Rational Maximizer Vs. Bounder

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Recommended: Decision making reflections

The section from chapter four which caught my attention the most this week was the section on Rational Maximizers Versus Bounded Rational Satisficer. This topic really hit home for me, because I felt it focused on one of my weakness. One of the main issues that I have most difficulties on is decision-making. I tend to overthink vital issues or matters at times. As our book states, “A reflective decision maker likes to take plenty of time to make decisions, gathering considerable information and analyzing several alternatives. On the positive side, the reflective type does not make hasty decisions. On the negative side, the reflective type may procrastinate, lose opportunities, and waste valuable time and other resources. The reflective

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