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Regret theory is a model in theoretical economics simultaneously developed in 1982 by Graham Loomes and Robert Sugden, [1] David E. Bell, [2] and Peter C. Fishburn. [3] Regret theory models choice under uncertainty taking into account the effect of anticipated regret.
The argument claims that if agents have no control over the facts of the past, then the agent has no control of the consequences of those facts. [1] The Stanford Encyclopedia of Philosophy gives the following version of the argument, in the form of a syllogism: [2] No one has power over the facts of the past and the laws of nature.
A choice is the range of different things from which a being can choose. [1] The arrival at a choice may incorporate motivators and models.. Freedom of choice is generally cherished, whereas a severely limited or artificially restricted choice can lead to discomfort with choosing, and possibly an unsatisfactory outcome.
Manifest functions are the consequences that people see, observe or even expect. It is explicitly stated and understood by the participants in the relevant action. The manifest function of a rain dance, according to Merton in his 1957 Social Theory and Social Structure, is to produce rain, and this outcome is intended and desired by people participating in the ritual.
Influenced by 19th century positivism [5] and Charles Darwin's evolution, for both Friedrich Engels and Karl Marx, the idea of uncertainty and chance in social dynamics (and thus unintended consequences beyond results of perfectly defined laws) was only apparent, (if not rejected) since social actions were directed and produced by deliberate human intention.
One way to divide various consequentialisms is by the types of consequences that are taken to matter most, that is, which consequences count as good states of affairs. According to utilitarianism , a good action is one that results in an increase in pleasure , and the best action is one that results in the most pleasure for the greatest number.
According to choice theory, mental illness can be linked to personal unhappiness. Glasser champions how we are able to learn and choose alternate behaviors that result in greater personal satisfaction. Reality therapy is a choice theory-based counseling process focused on helping clients learn to make those self-optimizing choices. [citation ...
(2) "If you lie, you are an immoral person (since it is immoral to lie)". (3) "Either you tell the truth, or you lie". Therefore "[y]ou are an immoral person (whatever choice you make in the given situation)". [1] This example constitutes a false dilemma because there are other choices besides telling the truth and lying, like keeping silent.