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rationalizable

rationalizable

9.9
A strategy players can explain as the best reply to others' possible moves
  • adjective
  • /ˌræʃəˈnəˌlaɪzəbl/
  • Specialized
translation icon : racionalizable
  • In a competitive market, choosing a price that is lower than the rivals' can be a rationalizable decision.

Examples

  • A rationalizable move is one that can be explained as a logical response to others' possible actions.

  • Economists often analyze which choices are rationalizable in complex strategic games.

  • In the final round, only rationalizable strategies remained for the players to consider.

  • This choice is rationalizable!

  • Her choice was rationalizable given the circumstances.

  • Players often select strategies that seem rationalizable, given their beliefs about opponents' actions.

  • In game theory, a rationalizable choice is one that can be justified by predicting how others will respond.

Antonyms

192 4.4

Not based on clear reason or thinking

Surface Forms

rationalizable positive

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.