Psychology Dictionary of ArgumentsHome
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| Rational Choice - Psychology Dictionary of Arguments | |||
| Rational choice: Rational choice in economics is the idea that individuals make decisions by weighing the costs and benefits of each option and choosing the option that they believe will maximize their own utility. Rational choice theory is based on the assumption that individuals are rational actors who are motivated by self-interest. See also Rationality, Utility, Benefit, Actions, Action theory._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Forbes, H. Donald | Rational Choice | Forbes, H. Donald | |
| Gauthier, David | Rational Choice | Gauthier, David | |
| Kahneman, Daniel | Rational Choice | Kahneman, Daniel | |
| Olson, Mancur | Rational Choice | Olson, Mancur | |
| Political Economy | Rational Choice | Political Economy | |
| Public Choice Theory | Rational Choice | Public Choice Theory | |
| Rawls, John | Rational Choice | Rawls, John | |
| Simon, Herbert A. | Rational Choice | Simon, Herbert A. | |
| Thaler, Richard | Rational Choice | Thaler, Richard | |
| Tullock, Gordon | Rational Choice | Tullock, Gordon | |
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Ed. Martin Schulz, access date 2024-09-14 | |||
