Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. The rational expectations theory is a concept and ...

The study of rationality and game theory explores the intricate processes through which individuals make decisions in environments of strategic interdependence. At its core, game theory provides a ...

Kai Ryssdal: It may not be what you want to hear in the middle of the worst recession in 75 years, but the market? It has no idea what it’s doing. Believe it or not that’s a fairly recent discovery.

Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions. Learn with practical examples.

Vol. 29, No. 4, Philosophical aspects of social choice theory and welfare economics (December 2007), pp. 683-701 (19 pages) Rationality's extension from individuals to groups yields collective ...

When Aristotle claimed that humans differ from other animals because they have the ability to be rational, he understood rational to mean that we could form our views and beliefs based on evidence, ...

This is a preview. Log in through your library . Abstract Edinburgh School's theory of natural rationality, enunciated to render symmetrical explanation plausible, thereby providing support for its ...

As children most of us learn to bide our time when asking approval or permission. We take note of the temperature of the emotions in our home and pay attention to the little signals to ensure that we ...