Thus, this game has only one Nash equilibrium, which is also the only
rationalizable equilibrium, namely, the pair of strategies in the lowest end (i.e., {2, 2} in the version given above).
(11.) In each game, the set of
rationalizable strategies for firm 1 is {[c.sub.1] + l, [c.sub.1] + 2, ..., v - 1} and for firm 2 is {[c.sub.1] + 2, [c.sub.1] + 3, ..., v), where v stands for the buyer's maxi mum willingness to pay.
that human action will at least be
rationalizable by mental-state explanations or that it will be responsive to reasons, including incentives, under the right conditions." (188) Law presumes that human beings are intentional actors capable of being guided by culturally accepted standards that are morally sound and prudent.
If an agent's action satisfies the principle under a given hierarchy of perceptions, it is called subjectively
rationalizable. Subjective rationalizability is defined not for agents but for viewpoints, so, for instance, agent i can think of agent j's choice as viewpoint ji's subjectively
rationalizable action.
"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
(5) In addition, Castoriadis' reflections on nature also include an engagement with modern scientific forms of knowledge: his interpretation of being as self-animated and heterogeneous is informed by the limitations of the metaphysical presupposition of classical modern science of a fully rational (and
rationalizable) world.
bodily movement is at least potentially
rationalizable as having been