Abstract

Abstract By defining choice, we consider it as a commonly accepted way of either avoiding or reducing the uncertainty. How we perceive our actions is the result of the joint acceptance and while preferences become the results of cultural and moral constraints, we seek for rational explanatory framework for our choices. Our pursuits of welfare are therefore conditioned and bounded by external values which we accept and threat as ours. What is rational is therefore and ambiguous concept.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.