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Rational choice theory

2006
Decision making is a critical function of management. Managers are required to make decisions such as who should their suppliers be, what price should they set for their products, and should they invest in new accounting software. This chapter introduces the rational choice theory (RCT) as a basis for understanding how and why such choices are made in ...
Moll, Jodie, Hoque, Zahirul
openaire   +2 more sources

Are Economists Rational? On the Rationality of the 'Rational Choice' Paradigm

2009
Today, an overwhelming part of academic analysis is based on the rational choice paradigm. This is true, in particular, for theoretical analyses; but it also holds for empirical analyses as far as they are based on a structural model. It also holds in spite of the existence of the behavioral economics paradigm.
openaire   +3 more sources

The Rational Choice Of “Error”

Cognition, Technology & Work, 2000
Pietro Carlo Cacciabue   +3 more
openaire   +1 more source

CAN RATIONAL CHOICE BE CONSIDERED A GENERAL THEORY OF CRIME? EVIDENCE FROM INDIVIDUAL-LEVEL PANEL DATA†

Criminology, 2016
Theodore Wilson   +2 more
exaly  

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