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Rational in sentence

726 examples of Rational in a sentence

That belief, too, seems quaint in the aftermath of the credit bubble that fueled the global financial crisis, which exposed economic models based on rational decision-making to stinging intellectual attack from the behavioral economists.
Implicit in this definition is a suggestion about why it is so difficult for “smart money” to profit by betting against bubbles: the psychological contagion promotes a mindset that justifies the price increases, so that participation in the bubble might be called almost rational.
But it is not rational.
In a polarized society, politicians who stir up the mob by exploiting fear and resentment are probably more likely to be successful than less exciting figures who try to appeal to our more rational faculties.
"Rational panic" ensues.
Individually rational behavior is often collectively suicidal.
That view belongs to a school of modern macroeconomics that assumes rational expectations and perfectly functioning markets.
According to this view, everyone is Homo economicus: a self-interested, fully rational individualist.
And yet, investors may be more rational than they appear when it comes to pricing in political risks.
The value of information is the amount a rational decision-maker would be willing to pay for it.
As the more rational and justifiably paranoid of the two, Prometheus tried to warn his brother not to accept Zeus’s dangerous gift.
Politics, unlike religion, is a realm not of eternal truths, but of rational calculations.
In 2004-2007, I considered that I might be wrong about a relatively rapid resolution to the world’s economic distress: as the late Rudi Dornbusch put it, unsustainable macroeconomic imbalances can sustain themselves longer than economists (with their touching faith in rational human decision making) believe is possible.
The principles of economics provide a sound basis on which to make rational choices.
But market fundamentalism also inspired dangerous intellectual fallacies: that financial markets are always rational and efficient; that central banks must simply target inflation and not concern themselves with financial stability and unemployment; that the only legitimate role of fiscal policy is to balance budgets, not stabilize economic growth.
But these are the benefits of high finance as they apply to the ideal world of economists – that is, a world of rational utilitarian actors who are skilled calculators of expected utility under uncertainty, who are masters of dynamic programming, and who breathe stochastic calculus in their daily life.
The individual became the ultimate agent of change – an individual conceived as the type of rational actor that populates economists’ models.
Fiscal union – that is, more imposed unity – may well be the rational answer to the current financial crisis, but it is a technocratic answer which would do nothing to make Europe more democratic, and would most likely provoke an extremist backlash.
But this number is still almost unimaginable and beyond any rational level needed for deterrence.
A more rational approach would accept twenty-first-century realities.
As Steinmeier and German Minister of Economic Affairs Sigmar Gabriel, recently wrote, “Only together, and only at the European level, will we be able at all to find rational solutions.”
They and other emerging-market countries are victims of a rational flight to safety, exacerbated by an irrational panic.
It is political candy for populists and poison for rational policymaking.
Was financial institutions’ assumption of excessive risk the result of incompetence or stupidity, or was it a rational response to the implicit guarantee offered by the government?
Promoting private insurance may seem an indirect response to the tsunami disaster, but it is a rational – and powerful – response.
It was, of course, the embrace of rational, market-driven economic policies by the former communist nations that has brought them to the brink of EU membership.
That makes it hard to deny that her decision was both rational and ethical.
Its name is a warning, informing humanity that the great inventions produced by rational minds also expose us to unprecedented dangers.
As we confront the warnings of Chemobyl and Yalta, it is time to seek that which transcends the horizon of mere rational or scientific thought and the limits of the illusory pretensions of Chernobyl's social engineers and Yalta's geopolitical strategists.
The Eurogroup, which comprises the 19 eurozone finance ministers, embodies this destructive dynamic, meeting every few weeks (or even more frequently) to manage Europe’s crisis on the basis of national political prejudices rather than a rational approach to problem-solving.
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