Sentence examples for individuals rationality from inspiring English sources

In our case, we are interested not so much on individuals' rationality but on the rationality of the professional collective for which we hypothesize some actions to be warranted on deliberate application of principles and reasons while others on the custom of replicating past patterns of interaction.

It's not individually irrational, but that individual rationality, multiplied across families and persons, means that at the collective level accepting a kind of quieting of the economic engine of material growth is going to be totally unacceptable.

Central to accounts from key informants was a tension between personalisation agendas and the collective action associated with mental health service users and the bureaucratic nature of services, which results in policies and procedures that assume individual rationality in situations that are not themselves rational.

Note that in PD the conflict is between individual rationality and mutual benefit, whereas in SH one player's rational choice depends on her beliefs about what the other will do.

He has also explored individual rationality in an experimental setting.

Moreover, individual rationality may not be the same as institutional rationality.

In the consensus process, the individual rationality level in terms of consistency is maintained.

Proposed mechanisms ensure incentive compatibility, individual rationality, budget balance and asymptotical efficiency.

We find that individual rationality creates an asymmetry between surplus and deficit, particularly in the case of bads.

The existing buyback contracts in the supply chain coordination literature do not guarantee the satisfaction of individual rationality constraint.

For these environments, we fully characterize interim efficient allocation rules which satisfy interim incentive compatibility and interim individual rationality constraints.