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Rational Choice Theory

Bibliographic Data

ID19600781
AuthorsJohn Scott (0000-0002-1672-4199, corresponding author)
Year2000
Pages126-138
Publication date2000-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
PublisherSAGE Publications Ltd (PUBLISHER • GB)
DOI10.4135/9781446218310.n9
OpenAlexW2469216166
ISBN9781446218310
LanguageEN
Citations received121
References cited24

It has long appeared to many people that economics is the most successful of the social sciences. It has assumed that people are motivated by money and by the possibility of making a profit, and this has allowed it to construct formal, and often predictive, models of human behaviour. This apparent success has led many other social scientists to cast envious eyes in its direction. They have thought that if they could only follow the methods of economics they could achieve similar successes in their own studies. These sociologists and political scientists have tried to build theories around the idea that all action is fundamentally 'rational' in character and that people calculate the likely costs and benefits of any action before deciding what to do. This approach to theory is known as rational choice theory, and its application to social interaction takes the form of exchange theory

Economics · Epistemology · Neoclassical economics · Positive economics · Rational agent · Social exchange theory · Social science · Sociology · Computer Science · Philosophy · Social and Cultural Dynamics · Social Capital and Networks · Social Power and Status Dynamics

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Unique citing works121
Citations per year4,48
Citation span1999 - 2026 (28)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 82

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