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How does the availability heuristic impact decision-making processes in the context of information overload?
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- Explain the following theories of information : (a) Decision Theory of information (b) Transaction theory of information (c) Interaction theory of informationExplain how consumers use information picked up on the Internet?What role, if any, should the government playin ensuring that consumers have easy access torelevant product information? How should itaccomplish this?
