What is another word for rational choice?

Pronunciation: [ɹˈaʃənə͡l t͡ʃˈɔ͡ɪs] (IPA)

To begin with, the term 'rational choice' refers to the act of making calculated decisions based on logic and sound reasoning. Some suitable synonyms for this term include the phrase 'reasonable decision,' which encompasses the idea of making choices based on what is considered to be rational and logical. Other great synonyms include 'intelligent choice' and 'sensible decision,' which convey a sense of thoughtfulness and intelligence in the decision-making process. 'Prudent choice' and 'wise decision' are also excellent synonyms, as they imply that the choice made is truly thoughtful and deliberate. Ultimately, when searching for synonyms for 'rational choice,' one should look for phrases that suggest careful consideration, reason, and sound logic.

Synonyms for Rational choice:

What are the hypernyms for Rational choice?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Rational choice

  • Faith is an act of rational choice, which determines us to act as if certain things were true, and in the confident expectation that they will prove to be true.
    William Ralph Inge
  • As conceived in this book, economics is the science of rational choice in a world─our world─in which resources are limited in relation to human wants. The task of economics, so defined, is to explore the implications of assuming that man is a rational maximizer of his ends in life, his satisfactions─what we shall call his “self-interest.” Rational maximization should not be confused with conscious calculation. Economics is not a thoery about consciousness. Behavior is rational when it conforms to the model of rational choice, whatever the state of mind of the chooser.(...) Nor is perfect rationality assumed; rational-choice thoery allows us to assume that rationality is “bounded” because of human cognitive limitations, although another way to think of those limitations is as costs of absorbing and using information.
    Richard Posner

Related words: behavioral economics, hedonic calculus, epsilon theory, behavioral economics pdf, behavioral economics definition, behavioral psychology, behavioral science, behavioral decision theory, bounded rationality

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