Rational choice theory became the dominant economic theory in the late 1700s, and in the 1960s began to creep into other social sciences--especially the works of sociologists George C. Homans and ...

The article reconsiders the generalization of neoclassical economics by modern rational choice theory. Hence, it reexamines the possible theoretical grounds or lack thereof within neoclassical ...

Critics of behavioral economics and behavioral finance point out that, for the most part, rational choice theory and the models derived from it, such as the laws of supply and demand and the vast ...

Contemporary discussions of the positive relation between rational choice and moral theory are a special case of a much older tradition that seeks to show that mutual agreement upon certain moral ...

Choice theory provides a fundamental framework for understanding how individuals and groups make decisions, integrating elements of economics, psychology, and sociology. This interdisciplinary ...