Accordingly, a diversified investor may rationally prefer that the terms of a control right are uniform across portfolio companies.
Private investors rationally prefer modest business models with a reasonably short time to profit and cash out.A third factor which might have been at play in both the 1970s and the 2000s is energy.
I draw on this formulation in chapter 4 to explain why the majority might rationally prefer to delegate authority to a citizens' assembly instead of an elected legislature and why they might rationally view citizens' assemblies with distrust, when they are organized and administered by elites.
Naturally, people may rationally prefer to be under or over-weight in a medical sense, because weight results from personal tradeoffs and choices along such dimensions as occupation, leisure-time activity or inactivity, residence, and, of course, food intake.
So even though an agent may for example seek happiness through asceticism or may rationally prefer to sacrifice all his or her worldly goods to a political cause, economists have supposed that such preferences are rare and unimportant to economics.
Rawls already alludes to a sufficientarian understanding by claiming not only that the parties of the original position would rationally prefer average utility over the classical (sum-maximizing) principle but would "agree to some sort of floor to hold up average welfare" (ibid., 141).
But maybe the American students are acting rationally to prefer law or medicine.
So does gambling, which can be addictive, the behavioral economists say -- in contrast to mainstream thinking, which holds that people who gamble rationally choose what they prefer to do.
Dilthey did not have the ability for definitive formulation; he was suspicious of rationally constructed systems and preferred to leave questions unsettled, realizing that they involved complexity.
Based on this, a rationally designed GalR1 preferring galanin analogue, NAX-5055, was synthesized.
