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Rational Choice Theory - Mastering Rational Choice Decoding Decision-Making - cover

Rational Choice Theory - Mastering Rational Choice Decoding Decision-Making

Fouad Sabry

Editorial: One Billion Knowledgeable

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Sinopsis

What is 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 the 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.
 
How you will benefit
 
(I) Insights, and validations about the following topics:
 
Chapter 1: Rational choice theory
 
Chapter 2: Microeconomics
 
Chapter 3: Neoclassical economics
 
Chapter 4: Utility
 
Chapter 5: Public choice
 
Chapter 6: Bounded rationality
 
Chapter 7: Homo economicus
 
Chapter 8: Arrow's impossibility theorem
 
Chapter 9: Behavioral economics
 
Chapter 10: Prospect theory
 
Chapter 11: Consumer choice
 
Chapter 12: Decision theory
 
Chapter 13: Structure and agency
 
Chapter 14: Expected utility hypothesis
 
Chapter 15: Ellsberg paradox
 
Chapter 16: Robert Sugden (economist)
 
Chapter 17: Preference (economics)
 
Chapter 18: Preference
 
Chapter 19: Rational choice institutionalism
 
Chapter 20: Altruism theory of voting
 
Chapter 21: Formalist-substantivist debate
 
(II) Answering the public top questions about rational choice theory.
 
(III) Real world examples for the usage of rational choice theory in many fields.
 
Who this book is for
 
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Rational Choice Theory.
Disponible desde: 12/02/2024.
Longitud de impresión: 285 páginas.

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