bn:03550807n
Noun Concept
Categories: Microeconomics stubs, Economics and finance stubs, Game theory
EN
perfect rationality
EN
In economics and game theory, it is sometimes assumed that agents have perfect rationality: that is, they always act in a way that maximizes their utility, and are capable of arbitrarily complex deductions towards that end. Wikipedia
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Sources
EN
In economics and game theory, it is sometimes assumed that agents have perfect rationality: that is, they always act in a way that maximizes their utility, and are capable of arbitrarily complex deductions towards that end. Wikipedia
Wikipedia
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