The Theory of Rational Choice

The Theory of Rational Choice suggests that individuals make decisions by evaluating options based on their preferences, available information, and possible outcomes. Essentially, people are seen as rational actors who analyze the costs and benefits of each choice to maximize their satisfaction or utility. This theory is used in various fields, including economics, political science, and sociology, to understand behaviors and decision-making processes in both personal and collective contexts. It assumes that people act logically to achieve the best possible results based on their goals.