The concept of rationality used in rational choice theory is different from the
colloquial and most philosophical use of the ...
Rational choice theory is an economic principle that states that individuals
always make prudent and logical decisions. These decisions provide people with
Definition of rational choice and related terms and concepts.
Swap meets are an example of rational choice theory. When you go to them, you
are likely to choose to buy items that are in your own self-interest. Furthermore ...
Definition: Rational choice theory argues that social systems are organized in
ways that structure the alternatives and consequences facing individuals so that ...
The best known example of rational choice theory is Adam Smith's theory of the
division of labor from the introduction to the Wealth of Nations (1776), in which ...
Rational choice theory (RCT) theorists believe that most human decisions are
based on maximizing a person's own benefits, while minimizing that which can ...
I then consider several issues raised by rational choice theory. First, I compare
the limited meaning of “rationality” in rational choice theory with the more general
Rational decision making is a multi-step process for making choices ... The word "
rational" in this context does not mean sane or clear-headed as it does in the ...
Definition of rational-choice theory – Our online dictionary has rational-choice
theory information from A Dictionary of Sociology dictionary. Encyclopedia.com: ...