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The Theory of Choice: A Critical Guide

Paperback • 1992 • English

The Theory of Choice: A Critical Guide

By Albert Weale, Martin Hollis, Bruce Lyons, Robert Sugden, Shaun Heap

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About the book

Apple or pears? Guns or butter? Liberty or death? We experience life as a series of choices, large and small. What makes a choice rational? A common answer is that a rational agent calculates the probable net benefits of each possible course of action and chooses the one that best satisfies his or her given preferences. Rational choice is thus about means, not ends, a view which has been most deeply analysed in economic, and that is now becoming crucial throughout the social sciences. "The Theor...Show more

Society and culture: general
Psychology
Economics

Book details

ISBN

9780631183228

Published year

1992

Language

English

Original title

The Theory of Choice: A Critical Guide

Format

Paperback

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