Sentence examples for rational individuals from inspiring English sources

Yet evolutionary game theory seeks to describe individuals of limited rationality (commonly known as "boundedly rational" individuals), and the utility theory employed in traditional game theory assumes highly rational individuals.

"Rational individuals came that close to a total destruction of their societies".

Tversky and Kahneman introduced these concepts in 1972, proving that we are not completely rational individuals.

Or were they sometimes rational individuals with clearly defined political goals?

This might work in a world of perfect markets inhabited by perfectly rational individuals with perfect foresight and perfect mobility.

But the self-described New Keynesian economists weren't immune to the charms of rational individuals and perfect markets.

But rational individuals such as, say, evolutionary theorists now see religious beliefs for what they really are.

Lacking these conditions, consensual exchange cannot occur, and rational individuals will try to cheat others to maximize their gain.

We are not, and have never been, the Canadian collectivists argue — in conscious opposition to older Anglo-American traditions — the rational individuals of liberal contract theory.

In other words, more than one-third of the time, rational individuals, each given information that is 60percentt accurate, will reach the wrong collective conclusion.

Here are their answers: Joseph E. Stiglitz will be crafting a new postcrisis paradigm for macroeconomics whereby rational individuals interact with imperfect and asymmetric information.