Infirationality
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2/27/2024 Xsu Infirationality In Economics, an individual is considered to have Superationality if that individual acts perfectly rationally with the knowledge that others also possess superationality. This can be demonstrated with the famous Prisoner’s Dilemma, where two rational actors will both defect and arrive at a suboptimal outcome. In contrast, two superational actors will arrive at the optimal outcome. In Mathematics, an introductory concept in the field of Real Analysis is Infimum vs Supremum. Simply put, the infimum (“inf” in short) of a set is the floor of that set whereas the…
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