Rational choice model
Sociological theory
Rational choice modeling refers to the use of decision theory (the theory of rational choice) as a set of guidelines to help understand economic and social behavior. The theory tries to approximate, predict, or mathematically model human behavior by analyzing the behavior of a rational actor facing the same costs and benefits.
Nº Q1139524 ★★
Uncommon · History
Rational choice model
Sociological theory
Rational choice modeling refers to the use of decision theory (the theory of rational choice) as a set of guidelines to help understand economic and social behavior. The theory tries to approximate, predict, or mathematically model human behavior by analyzing the behavior of a rational actor facing the same costs and benefits.
Last price
—
Floor price
—
7-day median
—
30-day sales
0
30-day range
—
In circulation
0
Price history
median
low – high
sales
No sales in this period
Show table
| Date | median | Low | High | sales |
|---|
Sales history
- Last sale
- —
- 30-day average
- —
- 30-day low
- —
- 30-day high
- —
- Sales 7d
- 0
- Sales 30d
- 0
No sales yet.
Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
Rational choice modeling refers to the use of decision theory (the theory of rational choice) as a set of guidelines to help understand economic and social behavior. The theory tries to approximate, predict, or mathematically model human behavior by analyzing the behavior of a rational actor facing the same costs and benefits. Rational choice models are most closely associated with economics, where mathematical analysis of behavior is standard. However, they are widely used throughout the social sciences, and are commonly applied to cognitive science, criminology, political science, and sociology.
Text: Wikipédia, CC BY-SA 4.0. ·
Related cards
Social choice theory
Academic discipline
Nº Q1971461 ★
Public choice
Economic theory applied to political science
Nº Q674530 ★★
Decision-making
Cognitive process to choose a course of action or belief
Nº Q1331926 ★★★
Action theory (sociology)
Sociological theory of social action
Nº Q1520882 ★
Prospect theory
Theory of behavioral economics and behavioral finance that was developed by Daniel Kahneman and Amos Tversky in 1979
Nº Q1151839 ★★★
Social theory
Analytical framework, or paradigm, that is used to study and interpret social phenomena
Nº Q1990987 ★★★