Title: Individual Rationality and Collective Irrationality:Border,Equality and Regulation
Abstract: In complex activity and social life,the individual rational behavior of self target preferences often leads to collective irrationality. This logic antinomy behavioral outcomes not only increase transaction costs of the whole society,but also destruct collective order of modern society and economy development. This paper takes a main line of rational hypothesis of economic manwhich has irrational result,merges and integrates acts of individual rationality and collective irrationality,trying to discover rational inner cause of non-cooperative game and the equilibrium point and the border between individual rationality and collective rationality,in order to achieve their conjunction and docking within the regulatory system framework by implementation of draconian and high efficient system.
Publication Year: 2015
Publication Date: 2015-01-01
Language: en
Type: article
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Cited By Count: 1
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