Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

This is a preview. Log in through your library . Abstract This paper examines the implications of the Rational Choice Theory (RCT) as the model of decision-making in economics and politics. The model ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

In an article written in 1977 the author offered a survey of unresolved problems in rational choice theory. The present paper is an attempt to rethink this issue. On the one hand, it emphasizes the ...

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 ...