Full Text

Rational Choice Theories

Brent Simpson


Subject Economics
Sociology » Sociological and Social Theory

DOI: 10.1111/b.9781405124331.2007.x


Extract

Rational choice theories explain social behavior via the aggregated actions of rational or purposive actors. The actors are rational in the sense that, given a set of values and beliefs, they calculate the relative costs and benefits of alternative actions and, from these calculations, make a choice that maximizes their expected utility. Rational choice models assume that the range of alternatives open to actors is constrained by the environment or by institutions within which they make their decisions. In their purest form, these theories also assume that actors possess complete information about their values and the various courses of action through which they can pursue them. Actors collect, organize, and analyze this information prior to making a decision. Thus, rational choice theories are means-end theories. That is, they describe the means or rational calculus through which actors go about obtaining their desired ends, or values. Rational choice theory received its first formal treatment in economics, where it has long been the dominant paradigm. More recently, rational choice theory has become one of the dominant approaches in political science and has made a number of inroads into psychology and sociology. The introduction of rational choice into sociology has generated a fair amount of controversy, and debates about the place of rational choice approaches in sociology ... log in or subscribe to read full text

Log In

You are not currently logged-in to Blackwell Reference Online

If your institution has a subscription, you can log in here:

 

     Forgotten your password?

Find out how to subscribe.

Your library does not have access to this title. Please contact your librarian to arrange access.


[ access key 0 : accessibility information including access key list ] [ access key 1 : home page ] [ access key 2 : skip navigation ] [ access key 6 : help ] [ access key 9 : contact us ] [ access key 0 : accessibility statement ]

Blackwell Publishing Home Page

Blackwell Reference Online ® is a Blackwell Publishing Inc. registered trademark
Technology partner: Semantico Ltd.

Blackwell Publishing and its licensors hold the copyright in all material held in Blackwell Reference Online. No material may be resold or published elsewhere without Blackwell Publishing's written consent, save as authorised by a licence with Blackwell Publishing or to the extent required by the applicable law.

Back to Top