While Bryan Caplan's theory of rational irrationality is important and original, he does not actually demonstrate that the theory explains public opinion about economics. The theory holds that voters are aware of the insignificance of their votes, and therefore feel free to vote based on whatever ...
The rational solution of the Monty Hall problem unsettles many people. Most people, including the authors, think it feels wrong to switch the initial choice of one of the three doors, despite having fully accepted the mathematical proof for its superiority. Many people, if given the choice to...
These economic premises, while providing part of the foundation for consumer behavior theory, have sometimes been overly reductionist. They generally assume that consumers are rational, their decisions linear and straightforward, that most markets are equal and that market agents all work for the ...
This paper discusses the importance of paradoxes of irrationality for managers by elaborating upon the rational basis for the adoption of non-equilibrium strategies in game theory. It does so by revisiting the one-shot Traveler's Dilemma game, proposing a solution which reconciles the anomaly betwee...
theoryirrationalityπeIn this note we give a very short proof of irrationality of π, and a proof of the irrationality of the rational powers of e . The canonical proof of the irrationality of π is due to Lambert (1767), and the one fore to Euler (1737)....
Define irrationalists. irrationalists synonyms, irrationalists pronunciation, irrationalists translation, English dictionary definition of irrationalists. n. 1. Irrational thought, expression, or behavior; irrationality. 2. Belief in feeling, instinct, o
rational and irrational development and problems and difficulties encountered in the history of human civilization development have been particularly sharp in the western culture.The course of its development shows that healthy personality is the unity of both rationality and irrationality.The sound ...
In André-Jeannin's article (C.R. Acad. Sci. Paris Sér. I.308(19), 539–541), he proved the irrationality off(x)∑xn/wn, wherexis an integer in the disk of convergence of the seriesfand (wn)na second order recurring sequence of integers. In this paper using the three terms re...
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(g) Based on the major ideas of his predecessors, Henry Bergson established his irrational philosophy which put the emphasis on creation, intuition, irrationality and unconsciousness. All these irrationalist philosophers exerted immense influence upon the major modernist writers in Britain. So, after ...