Rational Choice Theory

Rational choice theory is a theory of human action that is committed to expectations over probabilistic outcomes and game theory. From its original articulation, this theory of rational decision making was put forward as a new approach to economics, warfare, and ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles