rationalizable
- adjective
- /ˌræʃəˈnəˌlaɪzəbl/
- Specialized
- In a competitive market, choosing a price that is lower than the rivals' can be a rationalizable decision.
Examples
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A rationalizable move is one that can be explained as a logical response to others' possible actions.
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Economists often analyze which choices are rationalizable in complex strategic games.
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In the final round, only rationalizable strategies remained for the players to consider.
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This choice is rationalizable!
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Her choice was rationalizable given the circumstances.
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Players often select strategies that seem rationalizable, given their beliefs about opponents' actions.
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In game theory, a rationalizable choice is one that can be justified by predicting how others will respond.
Antonyms
Surface Forms
Morphology
rationalizable = rationalize (semi-transparent) = rational + ize + able
Formally built from 'rationalize' + '-able'; the morphological relation is regular.
Etymology
Rationalizable comes from the root ratio ('reason') and the ending -able ('can be'). In game situations a rationalizable strategy is one that can be shown as a logical response to what other players might do, so the word fits the idea of a choice you can explain by reason.