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Rational behavior in game theory implies that players are perfect calculators and flawless followers of their...

Rational behavior in game theory implies that players are perfect calculators and flawless followers of their best strategies.

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True;The assumption of rational behavior is that assuming that players are perfect calculators and flawless followers of their best strategies. Rational ingredients means complete knowledge of ones interests and flawless calculation of what serves these interests.There is an assumption that players in the game are rational and will try to maximize their payoffs in the game. When examining games that are made, it is assumed that the payouts listed include the sum of all payoffs that are associated with the outcome.

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