Sentence examples for theory of choice from inspiring English sources
Both winners of the award -- the Nobel Memorial Prize in Economic Science -- tested the limits of the standard economic theory of choice in predicting the actions of real people.
If this uncovers anything very credible, I'm either going to have to change my conspiracy theory of choice, or start attending functions in a bigger, better, home-made tin-foil hat.
Big bang cosmology, augmented by the ideas of inflation, remains the theory of choice among nearly all astronomers, but, apart from the difficulties discussed above, no consensus has been reached concerning the origin in the cosmic gas of fluctuations thought to produce the observed galaxies, clusters, and superclusters.
That would firm up core accretion as the theory of choice.
The above problems suggest there is a need for an alternative theory of choice under uncertainty.
According to the cognitive theory of choice complexity, that feeling of load multiplies with each incremental increase in choices and decisions having to be made.
This is not with the intention to generategeneral normative statements nor to generate a general positive economic theory of choices in management control systems design.
Provoked by this thoughtful proposal, I discuss what is the function of theories of choice in the coming decades.
To overcome these areas of resistance, some simple suggestions can be made to help both students and faculty alike see how their theories of choice are not at odds with an evolutionary perspective and how proper training can help bridge the gaps in knowledge which often lead to misunderstanding about evolutionary theory and its applicability.
Probability weighting has been integrated as a key factor in several theories of choice under risk, including prospect and cumulative prospect theory [5], [70], as well as rank dependent utility theory [71].
Nevertheless, all major theories of choice agree that rational decision-making requires integrations of benefits (gains) and harms (losses).
