Individual Rationality

Views Updated: Dec 15, 2025

Abbreviation

Pronunciation

/ˌɪndəˈvɪʤəwəl ˌræʃəˈnælɪti/

Since human nature has both the characteristic of egoism and altruism, the comprehensive rationality theory is raised, which is based on the ideal individual rationality and collective rationality.
Through analysis of Hayek s comments on the false Individual Rationality(IR), this paper clarifies the understanding of Individual Rationality(IR) from Hayek s real individualism.
We analytically prove the truthfulness and individual rationality of TORA.
The contradiction between rationality and individual rationality is the key that people understand the objectivity of truth.
In addition, we have analytically proven the truthfulness and the individual rationality of our online auction scheme.

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