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Rational Behaviour
N\A
5
Economics
Undergraduate 1
11/18/2012

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Term
incentive
Definition
(noun)(N)something that encourages you to act in a particular way
Ex:The government should provide incentives for young people to stay in school.
Term
obsessed
Definition
(adjective)(-)to think about someone or something all the time
Ex:People are obsessed with money.
Term
calculation
Definition
(noun)when you use mathematics to discover a number or amount
Ex:The annual calculation ignores the gradual reduction in the capital sum each month.
Term
constraint
Definition
(noun)(-)something that limits what you can do.
Ex:There are constrained on the medicines doctors can prescribe.
Term
rational
Definition
(adj)using reason or logic in thinking out problem
Ex:We consired that;it was the most rational explanation at the time.
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