Sentence examples for maximizing their implicit from inspiring English sources

In contrast, the character-related rationality assumption predicts that not all the dictators who act as if maximizing their implicit utilities would offer nothing, as shown in the following proposition.

In contrast to the canonical rationality assumption, the idea underlying this transformation is referred to as the character-related rationality assumption; that is, all players are rational economic agents who act as if they were maximizing their implicit utilities.

By the character-related rationality assumption that players act as if they were maximizing their implicit utilities, we may give a more reasonable solution to the Public Goods game defined here.

In this article, we think this assumption is problematic and, instead, assume that rational economic agents act as if they were maximizing their implicit utilities, which turns out to be a natural extension of the canonical rationality assumption.

Hence, fairness is achieved as a natural consequence of two players acting as if they were maximizing their implicit utilities, whereas in almost all other existing theoretical models it is incorporated explicitly as one of primitive assumptions about people's instincts related to decision making [10], [22], [26], [27].

This theoretical framework is based on the so-called character-related rationality assumption that rational economic agents act as if they were trying to maximize their implicit utilities.

Households have an implicit objective of maximizing their benefits of using the irrigation resource.

We assume that all players have a common belief about the character distribution for a general player, and rational players act as if they were maximizing their character-related utilities (that is, implicit utility we shall define later on), which turns out to be a natural extension of the canonical rationality assumption.

"Their interest was maximizing their profit," he said.

Intent on maximizing their profits, slavers almost literally stacked Africans in their ships.

They responded to their higher tax burden by maximizing their subsidies.