Abstract

The aims of this paper are conceptual. It proposes a formal model of how an individual deals with the fact that she cannot always get what she wants since she can only choose an option from the feasible set. We propose some modes of individual evaluation structures based on a set of the individual’s desires. Evaluations lead to a choice of some option from the feasible set. This choice then defines actions an individual would have to take in order to fulfill the chosen combination of fulfillment of desires.