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Preference

In psychology, economics and philosophy, preference is a technical term usually used in relation to choosing between alternatives. For example, someone prefers A over B if they would rather choose A than B. Preferences are central to decision theory because of this relation to behavior. Some methods such as Ordinal Priority Approach use preference…

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Economics

Social sciencesHappinessGratificationUtilityWorld War II
23 related topics

Psychology

Decision-makingChoices
2 related topics

Insolvency

CreditorInsolvency Act 1986
2 related topics

Risk preference

Revealed preference
1 related topics

Topics to explore

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Overview

Psychology

Economics

Risk preference

Insolvency

Advanced semantic analysis

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Map overview Semantic statistics

Preference

Nodes41
Edges40
Triples48
Avg. degree1.95
Density0.04878
Components1

How this topic connects Entity context

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Preference

Top relations

related to Insolvency · 11
Preference → After, Also, Disqualification, English Insolvency Act, For, From, If, In, It, The, There
related to Economics · 9
Preference → Completeness, Consumer, For, In, Rational Choice Theory, The, These, Under, World War II
related to Relation to desires · 9
Preference → For, Given, It, One, Preferences, So, That Nadia, The, This
related to Psychology · 6
Preference → Consequently, In, It, Scherer, The, These
related to External links · 4
Preference → International Communications Research, Philosophy, Preferences'Customer, Stanford Encyclopedia
see also · 3
Preference → MotivationOrdinal Priority ApproachPreference-based, Preference Theory, Research
is a · 1
Preference → technical term usually used in relation to choosing between alternatives
related to Risk preference · 1
Preference → Risk

Important terminology Word statistics

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Important terminology

preferences desires utility economics theory two risk psychology insolvency used relation desire decision one alternatives transitivity rational must indifference term

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Preferenceis atechnical term usually used in relation to choosing between alternatives0.90text
Ordinal Priority Approach use preference relation for decision-makinginstance ofSome methods0.80text
elimination by aspects which are used to make decisions rather than maximising the utility functioninstance ofHeuristics are rules of thumb0.80text
reference pointsinstance ofEconomic biases0.80text
loss aversion also violate the assumption of rational preferences by causing individuals to act irrationally.Individual preferences can be represented as an indifference curve given the underlying assumptionsinstance ofEconomic biases0.80text
Preferencerelated to EconomicsIn0.60section
Preferencerelated to EconomicsThe0.60section
Preferencerelated to EconomicsWorld War II0.60section
Preferencerelated to EconomicsThese0.60section
Preferencerelated to EconomicsRational Choice Theory0.60section
Preferencerelated to EconomicsConsumer0.60section
Preferencerelated to EconomicsFor0.60section

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