The asset pricing model--and this is critical-- assumes everyone is rational and holds the tangency portfolio.
资本资产定价模型是非常重要的模型-,假设每人是理性的,并持有切线资产组合。
The assumption that your opponents are being rational as well.
你需要假设你对手也是理性的
Far from having a sort of rational actor model of politics, he operates with an irrational actor model. He assumes that it is not reason but our passions that are the dominant force of human psychology, our desires, our aversions, our passions.
没有一个政治上理性的典范,他就着手塑造一个,不理性的典型,他假设,感情,而不是理性,是统领人类心理,欲望,厌恶和情绪的主要力量。
Are we right to assume that people are rational?
人是理性的这个假设是否正确
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