Economics Dictionary of ArgumentsHome
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| Rational choice: Rational choice in economics is the idea that individuals make decisions by weighing the costs and benefits of each option and choosing the option that they believe will maximize their own utility. Rational choice theory is based on the assumption that individuals are rational actors who are motivated by self-interest. See also Rationality, Utility, Benefit, Actions, Action theory._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Mancur Olson on Rational Choice - Dictionary of Arguments
Mause I 66 Rational Choice/Democracy Theory/Olson/OlsonVsPluralism Theory: Olson destroyed a central dogma of pluralistic democracy theory on his own. (1)(2) The logic of collective action has led to the pluralism theory and its basic axioms to be criticized - every political interest organizes itself and all political interests are equally capable of organisation - as counterfactual. >Democracy, >Democratic theory, >Pluralism. 1. Mancur Olson, The logic of collective action. Public goods and the theory of groups. Cambridge 1965. [dt.: Die Logik des kollektiven Handelns. Tübingen 1968]. 2. Mancur Olson, The rise and decline of nations: Economic growth, stagflation and social rigidities. Yale 1982._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconOlson I Mancur Olson The logic of collective action: Public goods and the theory of groups Cambridge 1965 Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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> Counter arguments against Olson
> Counter arguments in relation to Rational Choice
