1. Describe the types of currencies people use in decision making (utility, dollar or energy amount, fitness). How does utility differ from fitness? (what is measured, what does that meas ure reflect?)

2. What do we mean when we say a choice is rational? How do bounded and unbounded rationality differ? What do we mean we say something is ecologically rational?

3. What is a decision heuristic? Give some examples. How do they require less or more information? Are they global (general) or local (specific) heuristics (what is the difference between these)?

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Casey DurganLv2

19 Apr 2019

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