Question

In: Economics

"we should continue to strive for the goal of ‘perfect rationality’ and achieving ‘conflict resolutions that...

"we should continue to strive for the goal of ‘perfect rationality’ and achieving ‘conflict resolutions that meet the needs of parties’ despite the fact that it is considered unattainable or unrealistic." do you agree or disagree? why?

Solutions

Expert Solution

Yes , we should keep trying for Perfect Rationality and achieving Conflicts resolutions although both are unattainable because it brings empathy and emotions inside u.This makes you more humane and you start understanding the others . Although it is not easy to attain but keep trying for things is never a bad idea.Lets understand both the terms one by one-
Perfect rationality helps us to take new decisions in life .It improves thinking abilities and when we develop this perfect rationalism ,we can teach others also how to develop their rational thinking.For taking economic decisions , perfect rationality is the right behaviour,where an individual knows how to take maximize material well being and minimizes the hardship .
Now next , Achieving conflict resolution is the process where two or more parties are involved in an arguments and try to take out solutions.It enables you to understand the feelings and emotions of others .
So taking right decisions at a right time and understanding others is the utmost important things in life.


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