Choice That’s Rational

In this paper, it is about the axiomatic basis of rational choice theory - the theory that
 is behind making rational choice and decisions. To make rational choices, we would require
 thinking rationally and understanding the reason and logic behind what makes a choice rational,
 and how we need to choose rationally. Decisions are made under various circumstances, i.e.,
 under risk, and often under compulsion. In social choice theory, decisions are made by different
 types of decision making entities, i.e., committees, groups, individuals and collective
 judgments by various types of organizations, etc. This paper highlights these issues and
 addresses the fundamental tenets of making rational choices by examining and following the
 previous workings of experts on this field. As such, it introduces a novel concept and the idea
 of Social Choice Rationality in choosing what’s rational.
