Word: rationale
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
It's a self-fulfilling panic, one that really needs to be nipped in the bud. At banks serving retail customers, it is automatically nipped these days by federal deposit insurance. Fretful depositors have still lined up at branches of the bank arm of troubled mortgage lender Countrywide, but there...
For other investments, though, the old rules apply. If you're worried about the soundness of the mortgage securities you've bought or the corporate loans you've made or the money-market funds you've invested in, it's entirely rational to pull out your money if you can...
It is also, says Robert F. Bruner, dean of the University of Virginia's Darden School of Business, a classic "prisoner's dilemma." In game theory, the dilemma involves two arrestees deciding whether to squeal. Here it's about whether to pull your money from the market. For each worried...
There is another way. In December, Sir Rod Eddington, former head of British Airways, completed a study on transport for the U.K. He evaluated all kinds of projects--from fancy high-speed trains to simple bike paths--and calculated the return on investment per pound spent. What he found was...
Until now. Thanks to the Health-Care Callousness Assessment Test (or HCCAT, for short)--a test I've devised as a supporter of universal coverage enacted in economically rational ways--the guesswork and knee jerk can be taken out of the equation. With three simple questions--the kind that can...