“Preference” and “Choice” are assumed to be intimately related. A common assumption is that preferences determine choice and that choices reveal preferences. The most preferred option will be chosen. In the present paper, these assumptions will be critically assessed. This will be done by discussing the formal properties of the preference relation and by discussing the underlying action-theoretic assumption of the thesis that the best available option is chosen. The phenomenon called “weakness of the will” will pose a problem for this interpretation. It will be concluded that preferences and choices cannot generally be defined in terms of each other.
|Uddannelser||Cand.merc.fil Erhvervsøkonomi og Filosofi, (Kandidatuddannelse) Afsluttende afhandling|