A Quote by Leonid Hurwicz

Legal behavior is not incompatible with rational, self-interested behavior. — © Leonid Hurwicz
Legal behavior is not incompatible with rational, self-interested behavior.
When you look at any experimental work not directly related to economics, but trying to test rational behavior in other ways, experiments have conspicuously failed to show rational behavior. Macro evidence certainly suggests deviations from rationality, but I don't want to say the rationality hypothesis is completely wrong. If you have any introspective idea or experimental idea about people's behavior, it seems to be incompatible with the really full scale rational expectations.
Neoclassical economics ... has uncovered important truths about the nature of money and markets because its fundamental model of rational self-interested human behavior is correct about 80% of the time.
Grace-driven effort wants to get to the bottom of behavior, not just manage behavior. If you're simply managing behavior but not removing the roots of that behavior, then the weeds simply sprout up in another place.
Rational behavior requires theory. Reactive behavior requires only reflex action.
True doctrine, understood, changes attitudes and behavior. The study of the doctrines of the gospel will improve behavior quicker than a study of behavior will improve behavior. Preoccupation with unworthy behavior can lead to unworthy behavior. That is why we stress so forcefully the study of the doctrines of the gospel.
I certainly relish the chance to play a woman who didn't have to conform in any way ever to expected behavior or desirable behavior or attractive behavior.
I think comedy directors tend to feel a need to justify the bad behavior, and I just never think that. I like bad behavior, I've always liked bad behavior, I'm a fan of bad behavior, and I don't think you have to justify bad behavior.
I'm actually interested in poor behavior. I'm interested in what drives people to poor behavior.
I'm very interested in animal behavior, and the relationship of human beings to other animal behavior.
The thing that has always interested me in the kinds of shows that I do have more to do with the consequences of behavior than the behavior itself. Pulling a trigger and shooting somebody, or dismembering somebody.
Persuading through Simplifying - Using computing technology to reduce complex behavior to simple tasks increases the benefit/cost ratio of the behavior and influences users to perform the behavior.
The simplest and most satisfactory view is that thought is simply behavior - verbal or nonverbal, covert or overt. It is not some mysterious process responsible for behavior but the very behavior itself in all the complexity of its controlling relations.
Five hundred thousand Americans die from tobacco poisoning every year, and it's legal. I don't know, it just that's the - you can't stop giving people organs because of bad behavior. If you keep on having bad behavior, then of course they'll deny you a liver, or whatever you need.
You cannot not communicate. Every behavior is a kind of communication. Because behavior does not have a counterpart (there is no anti-behavior), it is not possible not to communicate.
I don't think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.
In the 1940s, economics started getting highly mathematical. It was basically because economists weren't smart enough to write down models of real behavior that they started writing down models of highly rational behavior - and they kind of forgot about humans.
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