Limited rationality, per AIMA, refers to
AAgents that follow only deterministic policies
BActing well when compute or time is scarce
CAgents that cannot perceive their environment
DAgents that act randomly within fixed bounds
Answer & Solution
Correct answer: B. Acting well when compute or time is scarce
Perfect rationality is infeasible in complex environments. Limited rationality formalises practical action under constraints on time, memory and compute.
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