Sentence examples for choose rationally from inspiring English sources
Love – this great irrational driver of humanity – has become an object, which people wish to be fully informed about, choose rationally, and not suffer any unexpected disappointments from.
Governments are fighting to save their economies from a liquidity trap in which individual banks choose, rationally, to shore up their capital by withdrawing loans from healthy firms and households, but collectively tip the economy into depression.Banks have a special status in the economy: that is why they receive bail-outs when other companies should not.
Note that this question is different from the one of how agents should revise their beliefs upon learning that others did not choose rationally.
As in Decision Theory (Peterson 2009), to choose rationally in a game is to select the "best" action in light of one's beliefs or information.
Expected utility theory is an account of how to choose rationally when you are not sure which outcome will result from your acts.
Both saw the freedom embodied in property as ultimately positive freedom freedom to choose rationally and responsibly for the wider social good.
Then, for each \(t_i\in T_i\), we can define a probability measure \(p_{t_i}\in \Delta(S_{-i})\) as follows: The set of states (pairs of strategy profiles and type profiles) where player \(i\) chooses rationally is then defined as: The event that all players are rational is Notice that here types, as opposed to players, maximize expected utility.
When political scientists interpret these seat-of-the-pants responses as signs that voters are choosing rationally, and that representative government therefore really does reflect the will of the people, they are, in effect, making a heuristic of heuristics.
Like many management fashions, PPBS and its associated techniques did not survive in their earliest forms, but they did establish the belief that analyzing, evaluating, and choosing rationally was superior to lobbying by bureaucrats and, sometimes, by corrupting commercial interests.
Discovered by the Marquis de Condorcet (1785), it shows that possibilities for choosing rationally can be lost when individual preferences are aggregated into social preferences.
The interpretation is that, although Bob does not rule out the possibility that Ann will choose \(D\) (i.e., choose irrationally), he does consider it infinitely less likely than her choosing \(U\) (i.e., choosing rationally).
