Rational Choice Theory
3 books
Framework for understanding decision-making based on rational preferences and utility maximization. Examines normative models of choice.
Goals
To understand rational choice models and assumptions. To analyze decision-making under risk and uncertainty. To examine preference structures and utility theory. To evaluate normative and descriptive adequacy of rational models.
Books
The Logic of Collective Action
Mancur Olson, 1965
The Origins of Virtue
Matt Ridley, 1998
Freakonomics
Steven D. Levitt, Stephen J. Dubner, 2006
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