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Simulation Models of Human Decision-Making Processes

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Figure

Figure 1. Decision Making Process of Rational Model The bounded rationality (heuristic) model
Figure 2. Decision Making Process of Bounded Rationality Model
Figure 3. Decision-Making Process of Informed Intuitive Model
Figure 4. The results of a DMP simulation using the analogies with transient processes of PI-, PD- and PID- PID-controllers
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