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NBER WORKING PAPER SERIESEVIDENCE ON RATIONALITY IN COMMERCIAL PROPERTY MARKETS: AN INTERPRETATION AND CRITIQUE Patric H. Hendershott Robert J. Hendershott Bryan D. MacGregor Working Paper 11329 http://www.nber.org/papers/w11329
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01
Identify the context or scenario where rationality is being assessed.
02
Gather relevant data or examples that showcase logical reasoning or decision-making processes.
03
Clearly define the criteria for rationality that will be used for evaluation.
04
Organize the evidence systematically, showing how each piece meets the rationality criteria.
05
Include counterarguments or alternative perspectives to demonstrate a comprehensive understanding.
06
Summarize the evidence to highlight the overall conclusions about rationality.

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01
Researchers studying decision-making processes.
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Policymakers looking to create evidence-based regulations.
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Evidence on rationality refers to the information and documentation provided to demonstrate that a decision or action taken is based on logical reasoning and sound judgment.
Individuals or entities involved in decision-making processes that require justification or rational analysis, such as businesses or public entities, are typically required to file evidence on rationality.
To fill out evidence on rationality, one needs to gather relevant data, articulate the reasoning behind decisions, and provide supporting documentation that aligns with the rationale being presented.
The purpose of evidence on rationality is to ensure transparency and accountability in decision-making processes, demonstrating that actions are based on thoughtful consideration rather than arbitrary choice.
The report should include the decision or action being justified, the rationale behind it, any relevant data or research supporting the decision, and potential alternatives considered.
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