Whether rationality guarantees correctness depends on how one defines “rationality” and “correctness”. Perfect rationality, by most definitions, would guarantee correctness of process. But one aspect of humans’ irrationality is that they tend to focus on results, and think of something as “wrong” simply because a different strategy would have been superior in a particular case.
Whether rationality guarantees correctness depends on how one defines “rationality” and “correctness”. Perfect rationality, by most definitions, would guarantee correctness of process. But one aspect of humans’ irrationality is that they tend to focus on results, and think of something as “wrong” simply because a different strategy would have been superior in a particular case.