concept

With some exceptions in the field of consumer-choice theory, modern economic theory is grounded in the concept of markets driven by rational actors.

There are brain cells that represent entire concepts, some with an affinity for visual information and others for olfactory input.

We gave as much justice as the whole concept could take without breaking it.

“Something can sound really nice as a concept, but if it doesn’t actually do what it was aiming to do, then people should reevaluate it,” she said.

As far as Francis was concerned, “the principle of the maximization of profits, frequently isolated from other considerations, reflects a misunderstanding of the very concept of the economy.”