Definition, Meaning & Synonyms
praxeological
Adjective
/præk.si.əˈlɒɡ.ɪ.kəl/
Definition
Of or relating to praxeology, the study of human action and conduct.
Examples
- The economist took a praxeological approach to understand market behaviors.
- In his lecture, he explained the praxeological implications of human choices.
- Praxological analysis helps clarify the motivations behind economic actions.
Meaning
Praxeological pertains to the theoretical framework that analyzes human decision-making and actions based on the assumption that individuals act purposefully to achieve their goals.
Synonyms
- Behavioral
- Action-oriented
- Practical
