Foundation for Rational Economics and Education — The Foundation for Rational Economics and Education (FREE) is an American nonprofit, nonpartisan foundation dedicated to public education on the principles of the U.S. Constitution, free market economics, sound money, limited government, and… … Wikipedia
Rational expectations — is an assumption used in many contemporary macroeconomic models, and also in other areas of contemporary economics and game theory and in other applications of rational choice theory. Since most macroeconomic models today study decisions over… … Wikipedia
Rational ignorance — is a term most often found in economics, particularly public choice theory, but also used in other disciplines which study rationality and choice, including philosophy (epistemology) and game theory.Ignorance about an issue is said to be rational … Wikipedia
Rational egoism — is the thesis that the pursuit of one s own self interest is always rational. [Baier (1990), p. 201; Gert (1998), p. 69; Shaver (2002), §3; Moseley (2006), §2.] The view is a normative form of egoism. However, it is different from other forms of… … Wikipedia
Rational pricing — is the assumption in financial economics that asset prices (and hence asset pricing models) will reflect the arbitrage free price of the asset as any deviation from this price will be arbitraged away . This assumption is useful in pricing fixed… … Wikipedia
Rational choice theory — This article is about a theory of economics. For Rational Choice Theory as applied to criminology, see Rational choice theory (criminology). Economics … Wikipedia
Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics … Wikipedia
economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… … Universalium
Rational addiction — The hypothesis that addictions (to heroin, tobacco, television, etc.) can be usefully modeled as a specific kind of rational, forward looking, optimal consumption plans. The canonical theory is due to Kevin M. Murphy and Nobel Prize Winner Gary S … Wikipedia
Economics of security — The economics of information security addresses the economic aspects of privacy and computer security. Economics of information security includes models of the strictly rational homo economicus as well as behavioral economics. Economics of… … Wikipedia
Rational agent — A rational agent is an agent which takes actions based on information from and knowledgeabout the agent s environment. It tends to maximize the chances of success using commonly accepted logical inference rules.The action a rational agent takes… … Wikipedia