rational choice definition

rational choice

General: Best possible (optimized) decision, from the point of view of the decision maker.

Law: Concept that criminals consciously weigh the risks and rewards of a crime and proceed accordingly.

rational choice is in the Corporate, Commercial, & General Law and Decision Making, Problem Solving, & Strategy subjects.

rational choice appears in the definitions of the following terms: theory of rational expectations (TRE), theory of reasoned action and bounded rationality

rational choice appears in these other term: rational choice theory (RCT)

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