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bound 1

intr.v. bound·ed, bound·ing, bounds
1. To leap forward or upward; jump; spring: The dog bounded over the gate.
2. To move forward by leaps or springs: The deer bounded into the woods.
3. To spring back from a surface; rebound: The basketball bounded off the backboard.
1. A leap; a jump: The deer was away in a single bound.
2. A springing back from a surface after hitting it; a bounce: caught the ball on the bound.

[French bondir, to bounce, from Old French, to resound, perhaps from Vulgar Latin *bombitīre, from Latin bombitāre, to hum, from bombus, a humming sound, from Greek bombos.]

bound 2

1. often bounds A boundary; a limit: Our joy knew no bounds. Your remarks exceed the bounds of reason.
2. bounds The territory on, within, or near limiting lines: the bounds of the kingdom.
v. bound·ed, bound·ing, bounds
1. To set a limit to; confine: a high wall that bounded the prison yard; lives that were bounded by poverty.
2. To constitute the boundary or limit of: a city park that was bounded by busy streets.
3. To identify the boundaries of; demarcate.
To border on another place, state, or country.
in/within bounds Sports
Within the boundary of a playing field or court and therefore in play or legal.
out of bounds
1. Sports Outside the boundary of a playing field or court and therefore not in play or legal.
2. Outside the boundary of where one is allowed to be; in a forbidden or unauthorized place: The research lab is out of bounds for first-year students.
3. In violation of acceptable rules or standards, as of decency: felt the guest's behavior was out of bounds.

[Middle English, from Old French bodne, bonde and Anglo-Norman bunde, both from Medieval Latin bodina, of Celtic origin.]

bound 3

Past tense and past participle of bind.
1. Confined by bonds; tied: bound hostages.
2. Being under legal or moral obligation: bound by my promise.
3. Equipped with a cover or binding: bound volumes.
4. Predetermined; certain: We're bound to be late.
5. Determined; resolved: Many public policy students are bound to be politicians one day.
6. Linguistics Being a form, especially a morpheme, that cannot stand as an independent word, such as a prefix or suffix.
7. Constipated.

bound 4

Headed or intending to head in a specified direction: commuters bound for home; a south-bound train.

[Alteration of Middle English boun, ready, from Old Norse būinn, past participle of būa, to get ready; see bheuə- in Indo-European roots.]


1. (Mathematics) (of a set) having a bound, esp where a measure is defined in terms of which all the elements of the set, or the differences between all pairs of members, are less than some value, or else all its members lie within some other well-defined set
2. (Mathematics) (of an operator, function, etc) having a bounded set of values
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.bounded - having the limits or boundaries established; "a delimited frontier through the disputed region"
finite - bounded or limited in magnitude or spatial or temporal extent
References in periodicals archive ?
Panel C is consistent with prolonged disequilibrium that occurs because boundedly rational managers are slow to solve complex optimization problems involving multiple organizational design and budgeting variables (or perhaps never solve them correctly).
73) Individuals make boundedly rational decisions because of `the costs of obtaining and processing the information necessary to make maximising choices and the cognitive limitations of human beings'.
This theory adopts many of the same assumptions as the broader resource-based view--that economic actors (be they firms or people) are boundedly rational utility maximizers, that markets can vary in their competitiveness, that information can vary in how it is diffused across a market, and so forth.
Despite his attraction to economics, and subsequently to other disciplines, Simon kept returning to the central questions of his public administration research: He asked how ordinary humans and ordinary organizations make intelligent decisions when people are only boundedly rational.
Inter alia, decision-makers are boundedly rational, information asymmetries--both natural and contrived--are ubiquitous, and opportunistic behavior is observable.
A key assumption is that investors are boundedly rational, that is, rational, but with limits on how much they can know.
The appropriators from a CPR are boundedly rational and vary with respect to their assets, dependence on the resource, time horizons, trustworthiness, common understanding, and other attributes.
If farmers are only boundedly rational, there is potential for programs that improve environmental quality, while increasing, or at least not decreasing profits.
These properties give actors behavior that is boundedly rational [10].
Occasional deviant behavior may be reinforced by boundedly rational people because they feel that such actions are in their best interest, given limited information.
However, because boundedly rational auditors must incur analysis costs, they may conclude that the benefits of the efficient approach are outweighed by the cognitive cost of extensive updating (Waller 1994).
It is not just the efficiency or inefficiency of capital markets with boundedly rational agents.