Before revision:  This allows us to give a precise mathematical definition of rational and bounded rational financial agents. Moreover the approximation scheme of the microscopic optimal control problem gives a natural connections between rational and bounded rational agents. In fact the model can be regarded as  the result of the simplest approximation of the optimal control problem and thus considers financial agents of maximum boundedness.
After revision:  This allows us to give a precise mathematical characterization of the degree of rationality of a financial agent. This is a novel concept in portfolio optimization and can be regarded as the result of the simplest approximation of the optimal control problem and thus considers financial agents of maximum boundedness.