The result of such individually rational behaviour is a housing and credit boom, followed inevitably by a nasty bust.

结果，个人的理性举动造成了房产和信贷繁荣，随之又不可避免地再来惨痛崩溃。

youdao

Such shifts in perception are the result not of madness or criminality, but of individually rational responses to what Keynes saw as the inherent uncertainty in financial markets.

观念的变换并非源于疯狂或者犯罪，而是个人在面对凯恩斯所谓金融市场内生不稳定性时的理性反应。

youdao

Each is engaged in a collectively self-defeating, yet individually rational, attempt to take rent from the other.

ECONOMIST: Divide and rule

Further, individually rational momentum-trading strategies can exploit and even exacerbate this trend, potentially pushing equity prices past levels justified by the new fundamentals.

ECONOMIST: Letters