What is Hobbsian choice?

Answer 1

Hobbsian choice refers to a decision-making framework derived from the philosophy of Thomas Hobbes, emphasizing the idea of rational choice under conditions of uncertainty and self-interest. In this context, individuals are seen as rational agents who make choices to maximize their own utility, often considering the potential consequences of their actions in a competitive environment. This concept is often associated with social contract theories and can be applied to understand interactions in both political and economic settings. It underscores the tension between individual interests and collective outcomes in society.