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In the end, it may turn out that our best concept of rationality does maximize the number of rational episodes, but such a result should count as an empirically based bonus rather than as a desideratum.
Most managers are grafters, often terrified to admit they do not know what to do next as they attempt to make rational decisions in an unforgiving environment where, as Jackett points out, rationality does not actually exist.
If rationality does prevail, the debt ceiling will be raised.
But even in the face of major risk, rationality does not always prevail.
Unfortunately, however, economic rationality does not always win the day when it comes to political decisions.
All defendants would be better off if none of them accepted the D.A.'s offer, but each is better off accepting.... Individual rationality does not always lead to group rationality.
Similar(33)
"I don't want it to be challenging dexterity-wise or logic-wise, because emotion and rationality do not gel together".
The idea, as with his approach to healthcare, is to bring individual self-interest and collective needs into harmony, and let rationality do the work from there.
Moreover, suppose rationality did require me to aim at developing all of my talents.
Interviewer: Taking into consideration that humans are boundedly rational, does organizing people reduce the effect of bounded rationality or does it introduce new challenges?
Economic rationality stinks, doesn't it?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com