Sentence examples for irrational outcome from inspiring English sources
Investors looking for guidance take their cue from each other, encouraging a herd mentality, and individually rational behavior creates a collectively irrational outcome.
And individually rational choices, such as the choice not to hurt your performance by wearing a helmet, can add up to a collectively irrational outcome.
The most "irrational outcome" is permission to poison air, land, water and living things in the name of profits and without penalty: a hefty subsidy for the products of both the fossil fuel and big food industries.
This highlights the fundamental concern at the heart of Olson's identification of this issue that individually rational behaviour (i.e., free riding) is likely to produce collectively irrational outcomes.
A system that allows what amounts to direct payments to congressmen from corporations may be technically legal, but as the journalist and activist Bill McKibben — one of the organizers of the Washington Keystone protest — said to me last week, "Not only does it offend the notion of fairness, it leads to irrational outcomes".
The point is that the operation of markets in the circumstances of modern globalisation both leads to extreme concentrations of wealth and increasingly irrational outcomes when it comes to the dispersion of funds to combat threats or promote public goods.
Lomas describes the tension as "decision-makers accuse researchers of irrelevant, poorly communicated 'products'; researchers accuse decision-makers of political expediency that results in irrational outcomes" [ 42].
What I'm saying here is pointing at a very, very irrational possible outcome of our potty electoral system, which is that a party that has spectacularly lost the election because fewer people are voting for it than any other party, could nonetheless according to constitutional tradition and convention still lay claim to providing the prime minister of the country.
Strict correlation is imposed between the modelled probabilities at 30 days and 1 year to avoid irrational modelled outcomes.
While voting is sometimes perceived as irrational because the outcome cannot be affected by one single vote, most people do believe in the collective act of voting and thus do vote.
