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  • The Theory of Rational Choices

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    Princess Cullens
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    The document discusses the rational choice theory, which states that individuals make choices through rational and logical thinking to maximize their self-interests. The key points of the theory are that individuals pursue pleasure, acquire necessary information, and have rational thinking tailored to themselves. The theory is applied in politics, social studies, and economics. While the theory helps understand decision making, it has disadvantages because people do not always act rationally and can be influenced by outside factors.

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    The document discusses the rational choice theory, which states that individuals make choices through rational and logical thinking to maximize their self-interests. The key points of the theory are that individuals pursue pleasure, acquire necessary information, and have rational thinking tailored to themselves. The theory is applied in politics, social studies, and economics. While the theory helps understand decision making, it has disadvantages because people do not always act rationally and can be influenced by outside factors.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    3 views7 pages

    The Theory of Rational Choices

    Uploaded by

    Princess Cullens
    The document discusses the rational choice theory, which states that individuals make choices through rational and logical thinking to maximize their self-interests. The key points of the theory are that individuals pursue pleasure, acquire necessary information, and have rational thinking tailored to themselves. The theory is applied in politics, social studies, and economics. While the theory helps understand decision making, it has disadvantages because people do not always act rationally and can be influenced by outside factors.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 7

    THE THEORY OF

    RATIONAL
    CHOICES
    THE OBJECTIVES
    01 DEFINE AND UNDERSTAND
    THE RATIONAL CHOICE THEORY

    02 LIST THE KEY POINTS OF THE


    THEORY

    03 ENUMERATE THE ADVANTAGES AND


    DISADVANTAGES OF THE RATIONAL
    CHOICES THEORY
    01
    WHAT IS
    RATIONAL
    CHOICES THEORY?
    WHAT I THINK IS
    BEST!

    It states that Individuals make


    choices through rational and
    logical thinking, expecting the
    outcomes that best aligns with
    their self-interests.
    02
    01
    WHAT THE RATIONAL
    THEORY BELIEVES IN
    AND IS APPLIED TO:
    THE INDIVIDUALS PURPOSES' IS TO ATTAIN
    PLEASURE, JOY, AND COMFORT.

    02 PEOPLE WILL ACQUIRE NECESSARY


    INFORMATION.

    03 ACCORDING TO GARY BECKER, RATIONAL


    THINKING IS DIFFERENT FOR EVERYONE.

    04 THE RATIONAL CHOICES THEORY IS APPLIED


    HEAVILY IN POLITICS, SOCIAL STUDIES, AND
    ECONOMICS TO FURTHER UNDERSTAND THE
    COMPLEX SYSTEMS WITHIN.
    INDIVIDUALS
    MAXIMIZE WELFARE
    AS THEY CONCEIVE IT,
    WHETHER IT BE
    ALTRUISTIC, SELFISH,
    LOYAL, SPITEFUL, OR
    MASOCHISTIC.
    GARY BECKER
    THE PROS & CONS
    OF THE RATIONAL CHOICES THEORY

    PROS
    Helpful in understanding
    CONS
    Individuals aren't always
    Individuals and groups' rational.
    rationales in making choices. Not everyone has the required
    Provides a reason why some utility to acquire their wants.

    03
    make irrational choices. Individuals are sometimes
    influenced by external forces.
    THANK
    YOU FOR
    LISTENING!

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