Formula: Rational Thinking

Rationality is the quality or state of being reasonable, based on facts or reason. Rationality implies the conformity of one’s beliefs with one’s reasons to believe, or of one’s actions with one’s reasons for action.

Rational thought is thinking that is logically structured and which takes into account established fact. I agree with Hume in believing that most human cognition is motivated by passion and emotion, but it can be constrained by the canons of logic and the careful weighing and integrations of facts.

Bounded rationality is the idea that in decision-making, rationality of individuals is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision.

Cognition-the mental action or process of acquiring knowledge and understanding through thought, experience, and the senses

RT=Rational Thinking
R=Rationality
BR=Bounded Rationality
EF=Established Fact
L=Logic
CL=Cognitive Limitation
P=Passion
E=Emotion
I=Information
T=Time

Synthesized Formula of RT and BR [blindcaveman version]
RT=L – (P-E) + EF
BR=(I-CL) + T