Irrational: Difference between revisions
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imported>Doug Williamson (Updated entry. Source ACT Glossary of terms) |
imported>Doug Williamson (Link with Agent based modelling page.) |
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1. | 1. | ||
''Economics'' | ''Economics'' | ||
Market behaviour or other economic behaviour which is not wealth-maximising under traditional economic models. | Market behaviour or other economic behaviour which is not wealth-maximising under traditional economic models. | ||
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2. | 2. | ||
''Maths'' | ''Maths'' | ||
An irrational number is a number which cannot be expressed as a simple fraction. | An irrational number is a number which cannot be expressed as a simple fraction. | ||
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== See also == | == See also == | ||
* [[Agent based modelling]] | |||
* [[Behavioural economics]] | * [[Behavioural economics]] | ||
* [[Efficient market hypothesis]] | * [[Efficient market hypothesis]] | ||
* [[Surd]] | * [[Surd]] | ||
Revision as of 10:45, 11 February 2017
1.
Economics
Market behaviour or other economic behaviour which is not wealth-maximising under traditional economic models.
2.
Maths
An irrational number is a number which cannot be expressed as a simple fraction.
