Rational choice theory (RCT) theorists believe that most human decisions are based on maximizing a person's own benefits, while minimizing that which can hurt the individual, according to Business ...

4/14/2011 - Why do people vote? Why do voters form parties? When do candidates adopt centrist platforms in general elections? Political scientists have debated these questions for generations, based ...

The legal and administrative apparatus responsible for the social control of organizations relies extensively on the deterrent effects of punishment. This strategy presumes a rational choice model of ...

Drawn largely from Stark and Bainbridge's theory of religion, a modified rational choice model of religious behavior is presented and tested using data from the Institute of Statistical Mathematics in ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J. Brock is a CFA and CPA with more ...

Learn how behaviorists explain market inefficiencies through human psychology. Discover key concepts in behavioral economics and finance that challenge rational models.

Some ideas are so potent as to be world-changing. For Rodney Stark, Christianity encompasses just such a set of ideas. In his view, Christian beliefs and images of God shaped the course of Western ...

4/14/2011 - Why do people vote? Why do voters form parties? When do candidates adopt centrist platforms in general elections? Political scientists have debated these questions for generations, based ...