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Rational choice theory
Rational choice theory refers to a set of guidelines that help understand economic and social behaviour. The theory originated in the eighteenth century and can be traced back to political economist and philosopher, Adam Smith. The theory postulates that an individual will perform a cost-benefit analysis to determine whether an option is right for them. It also suggests that an individual's self-driven rational actions will help better the overall economy. Rational choice theory looks at three concepts: rational actors, self interest and the invisible hand.
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- enRational choice theory refers to a set of guidelines that help understand economic and social behaviour. The theory originated in the eighteenth century and can be traced back to political economist and philosopher, Adam Smith. The theory postulates that an individual will perform a cost-benefit analysis to determine whether an option is right for them. It also suggests that an individual's self-driven rational actions will help better the overall economy. Rational choice theory looks at three concepts: rational actors, self interest and the invisible hand.
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- enRational choice theory refers to a set of guidelines that help understand economic and social behaviour. The theory originated in the eighteenth century and can be traced back to political economist and philosopher, Adam Smith. The theory postulates that an individual will perform a cost-benefit analysis to determine whether an option is right for them. It also suggests that an individual's self-driven rational actions will help better the overall economy. Rational choice theory looks at three concepts: rational actors, self interest and the invisible hand. Rationality can be used as an assumption for the behaviour of individuals in a wide range of contexts outside of economics. It is also used in political science, sociology, and philosophy.
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- plato.stanford.edu/entries/economics/%235
- books.google.com/books%3Fid=bQYHEj_oIrYC&printsec=frontcover&source=gbs_atb%23v=onepage&q&f=false
- books.google.com/books%3Fid=EBCCa8HtfkUC&printsec=find&pg=PA25=onepage&q&f=false
- books.google.com/books%3Fid=kyJ5GJ7DeMQC&printsec=frontcover&dq=%22Making+Political+Science+Matter%22&sig=s_bqA18zhy02NKJwsJHJj3vHzKc
- huwdixon.org/SurfingEconomics/chapter7.pdf
- huwdixon.org/SurfingEconomics/chapter8.pdf
- global.oup.com/academic/product/choice-theory-a-very-short-introduction-9780192803030;jsessionid=853526974A943CC4A74BFBBCC1E70F19%3Fcc=nz&lang=en&
- www.ethicsandinternationalaffairs.org/2019/japans-withdrawal-from-theinternational-whaling-commission-a-disaster-that-could-have-been-avoided/
- huwdixon.org/SurfingEconomics/index.html
- global.oup.com/academic/product/rationality-allocation-and-reproduction-9780198287728%3Fcc=lb&lang=en&
- web.archive.org/web/20090227085005/http:/privatewww.essex.ac.uk/~scottj/socscot7.htm
- www.npr.org/templates/story/story.php%3FstoryId=120201554
- curis.ku.dk/ws/files/239517424/The_2003_Reform_of_the_Common_Agricultural_Policy_Against_all_Odds_or_Rational_Explanations.pdf
- www.good.is/articles/the-new-nostradamus
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- Adam Smith
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- Voting theory
- William E. Connolly
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- Racionalaus pasirinkimo teorija
- Rasional seçim nəzəriyyəsi
- Rasyonel seçim teorisi
- Rationaalisen valinnan teoria
- Rational choice
- Rational choice-teori
- Rational choice theory
- Rationelekeuzetheorie
- Ratsionaalse valiku teooria
- Teoria alegerii raționale
- Teoria da escolha racional
- Teoria de l'elecció racional
- Teoría de la elección racional
- Teoria della scelta razionale
- Teoria racjonalnego wyboru
- Teorie racionální volby
- Teori om rasjonelle valg
- Teori pilihan rasional
- Teori pilihan rasional
- Theorie der rationalen Entscheidung
- Théorie du choix rationnel
- Теория за рационалния избор
- Теория рационального выбора
- Теорія раціонального вибору
- Ռացիոնալ ընտրության տեսություն
- نظرية الاختيار العقلاني
- نظریه انتخاب عقلانی
- 合理的選択理論
- 理性選擇理論
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- Category:Neoclassical economics
- Category:Rational choice theory
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