Definitions for "irrationality"
The quality or state of being irrational; absence of rationality.
A decision-making process in contrast with rational calculation in which the decision maker fails to: calculate intelligently the various options available and their costs and benefits; evaluate the expected utility of those costs and benefits in a consistent fashion; and, select policies that are expected to maximize the decision maker's utility. Close Window
the state of being irrational; lacking powers of understanding