rationalizable


Also found in: Wikipedia.

rationalizable

or

rationalisable

adj
capable of being rationalized
References in periodicals archive ?
In each game, the set of rationalizable strategies for firm 1 is {[c.
There is nothing strictly rational--or rationalizable in a Weberian sense--about this body.
Literature could perhaps become big without selling out to the market," Kindley summarizes, "but at the cost of making itself explicable, rationalizable, justifiable.
In order to address these issues, they consider rationalizable and non-rationalizable choices that can satisfy important choice coherence properties; the issue of non-deteriorating choices; and the implications of the Suzumura consistency, a weakening of the classical coherence requirement of transitivity, in the context of social choice problems.
The game has a unique Nash equilibrium at (40, 40), which is strict and is also the unique rationalizable outcome.
In other words, like Levinas, Clements regards an ethics of the intersubjective- -the recognition of "inherent interrelatedness,"--as primary to religion; and like Kierkegaard (or in this case his pseudonymous de Silentio), Clements recognizes--in experience, and through the testing of extreme circumstance--such an ethical relation as already sacred, and therefore as being foundational to any rationalizable religious or ethical frame to which it might be subsumed or appended.
Choosing either policy is a rationalizable strategy for both
bodily movement is at least potentially rationalizable as having been
Its antithesis immorality may also benefit from the logician's touch, leaving the individual's moral conscience and resulting behaviour a poor second best to whatever actions seem rational or rationalizable in any given ethical quandary.
Now, game theory defines an individual player's strategy as rationalizable if it is his best choice based on rational beliefs in the above described sense.
The problem for the rationalizing actor, in this case, is not that of choosing-ex ante-the action that is most easily rationalizable, but rather that of choosing-ex post-the rationalization that is most suitable for a particular action.
Douglas Bernheim, Rationalizable Strategic Behavior, 52 ECONOMETRICA 1007, 1007 (1983) (criticizing the then-conventional view that Nash equilibrium play was implied by common knowledge of rationality among the players); David G.