Behavior Quote by Robert Aumann
“A person's behavior is rational if it is in his best interests, given his information”
About This Quote
Source Paper: "Agreeing to Disagree", Robert Aumann, 1976
A person acts rationally when their choices maximize personal benefit based on what they know.
In simple terms: Rational actions serve self‑interest with current knowledge.
Align decisions with true information.
Themes
Mood
Type
When to use this quote
- personal finance
- negotiations
- policy making
- daily choices
Key Concepts
Questions to Reflect On
- Do you always know your best interests?
- How does incomplete information affect rational choices?
Rationality assumes accurate self‑assessment, which can be flawed.