Rational choice theory (RCT) theorists believe that most human decisions are based on maximizing a person's own benefits, while minimizing that which can hurt the individual, according to Business ...
Canadian Journal of Political Science / Revue canadienne de science politique, Vol. 41, No. 3 (Sep., 2008), pp. 749-771 (23 pages) Unlike previous methodological debates in political science, the ...
A half-decade after the first systematic applications of prospect theory to international relations, scholars continue to debate its potential utility as a theoretical framework. Key questions include ...
Choice theory provides a fundamental framework for understanding how individuals and groups make decisions, integrating elements of economics, psychology, and sociology. This interdisciplinary field ...