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Economists tend to treat the bond market as a rational player imposing budget discipline on politicians.
Like any rational player, China prefers to stick with a lesser evil.
The less threatening these security threats, the more likely Iran will remain a rational player in its regional dealings and in committing to a long-term nuclear deal.
Despite Kim Jong Un's goofy hairdo and over-the-top rhetoric, veteran North Korea watchers believe he is a rational player in the geopolitical game.
Note in this application that the question is not what strategy a rational player will choose animals are not assumed to make conscious choices, though their types may change through mutation but what combinations of types are stable and hence likely to evolve.
In the final round, a rational player will defect, because there is no future to be concerned with.
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Hobbes' state of nature as a potential war of all against all can be generated either as a result of passions (greed and fear, in particular) or rationality (prisoner's dilemma reasoning, in which the rational players each choose to renege on agreements made with each other).
A "saddlepoint" in a two-person constant-sum game is the outcome that rational players would choose.
Anderson presents the U.S. and Israel as honest, well-intentioned, and rational players on the international stage who are trying to rein in an unpredictable and potentially dangerous state.
The K femtocells are considered as selfish, rational players.
Hence, the selfish rational players can be foreseen to play the action at NE.
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