Rational Choice Theory and the Paradox of Not Voting

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Rational Choice Theory: An Overview

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rational choice theory: a cultural reconsideration

economists have heralded the formulation of the expected utility theorem as a universal method of choice under uncertainty. in their seminal paper, stigler and becker (stigler & becker, 1977) declared that “human behavior can be explained by a generalized calculus of utility-maximizing behavior” (p.76). the universality of the rational choice theory has been widely criticized by psychologists, ...

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ژورنال

عنوان ژورنال: Journal of Economic Perspectives

سال: 2004

ISSN: 0895-3309

DOI: 10.1257/089533004773563458