Rational Theory of Intuition and Its Epistemological Consequences

2005 ◽  
pp. 25-58
Author(s):  
Andrzej P. Wierzbicki ◽  
Yoshiteru Nakamori
Keyword(s):  
Rational Theory

scholarly journals Liquidity Sentiments

2019 ◽  
Vol 109 (11) ◽  
pp. 3813-3848 ◽  
Author(s):  
Vladimir Asriyan ◽  
William Fuchs ◽  
Brett Green
Keyword(s):  
Adverse Selection ◽  
Average Quality ◽  
Coordination Problem ◽  
Market Conditions ◽  
Rational Theory ◽  
Asset Quality

We develop a rational theory of liquidity sentiments in which the market outcome in any given period depends on agents’ expectations about market conditions in future periods. Our theory is based on the interaction between adverse selection and resale considerations giving rise to an intertemporal coordination problem that yields multiple self-fulfilling equilibria. We construct “sentiment” equilibria in which sunspots generate fluctuations in prices, volume, and welfare, all of which are positively correlated. The intertemporal nature of the coordination problem disciplines the set of possible sentiment dynamics. In particular, sentiments must be sufficiently persistent and transitions must be stochastic. We consider an extension with production in which asset quality is endogenously determined and provide conditions under which sentiments are a necessary feature of any equilibrium. A testable implication is that assets produced in good times are of lower average quality than those produced in bad times. (JEL D84, D82, E32, E44, G12)

Research of Application of Bounded Rationality on Virtual Soldier Modeling

2012 ◽  
Vol 198-199 ◽  
pp. 746-750
Author(s):  
Qing Xue ◽  
Bo Wei Cao ◽  
Ai Lan Li ◽  
Ping Gang Yu ◽  
Yi Jun Yao
Keyword(s):  
Decision Making ◽  
Bounded Rationality ◽  
Exercise Capacity ◽  
Theory Analysis ◽  
Model Framework ◽  
Rational Theory ◽  
Rationality Theory

Rational theory of finite virtual soldiers on the concept of bounded rationality, bounded rationality theory analysis of the added features of the virtual soldiers, given the limited rationality based on the overall framework of the virtual soldiers, using the model framework to make the virtual real soldiers, soldiers with similar perception, decision making and exercise capacity, for the subsequent implementation of the modules laid the foundation framework.

A rational theory of system-making systems

2006 ◽  
Vol 31 (2) ◽  
pp. 1-20 ◽  
Author(s):  
Robert Schaefer
Keyword(s):  
Rational Theory

scholarly journals A more rational, theory-driven approach to analysing the factor structure of the Edinburgh Postnatal Depression Scale

2017 ◽  
Vol 250 ◽  
pp. 234-243 ◽  
Author(s):  
Zoltan Kozinszky ◽  
Annamária Töreki ◽  
Emőke A. Hompoth ◽  
Robert B. Dudas ◽  
Gábor Németh
Keyword(s):  
Factor Structure ◽  
Postnatal Depression ◽  
Edinburgh Postnatal Depression Scale ◽  
Depression Scale ◽  
Rational Theory
Sign in / Sign up

Export Citation Format

Share Document