Preference
:For the traditional European card game, see Preferans.
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Preference (or "taste") is a concept, used in the social sciences, particularly economics. It assumes a real or imagined choice between alternatives and the possibility of rank ordering of these alternatives. More generally, it can be seen as a source of motivation.
Related Topics:
Social science - Economics - Motivation
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For example, happiness is generally preferred to suffering, sadness, or grief. Also, more consumption of a normal good is generally (but not always) assumed to be preferred to less consumption.
Related Topics:
Happiness - Suffering
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~ Table of Content ~
| ► | Introduction |
| ► | Microeconomics |
| ► | References |
| ► | See also |
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