Kyla Hortaleza 124736 Statement of the Problem As a deterrent to crime, is the Death Penalty still constitutional?

Theoretical Framework Bounded Rationality The Bounded Rationality framework, alternately known as intended rational behavior, was Herbert Simons bid against the already present classical economic theory. He did not agree with the assumption that rational and economic behaviors are connected by decisions made with available information to secure optimum results. Rather, he argued that in the convoluted world of today, individuals access to information is insufficient, and thus leads to not fully rational decisions. As a result, decisions and outcomes by the administrative man are just good enough, or acceptably satisfactory. According to Simon, they are caused by two major

instances: the limitations of the human mind, and the structure within which the mind actually operates. In summary, this framework is a decision-making process about individuals accepting reasonable outcomes from their decisions.

Source Atkins, Neels, & Botha, Neels. An assessment of five different theoretical frameworks to study the uptake of innovations. (2005): 4-5. AgEcon. PDF file.