Rational Choice Theory

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4 Terms

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Micro Level Approach

  • use the individual level of analysis

  • social interactions, why individual/group interact the way they do, and how they interpret the meanings of their own interactions

  • analysis of small patterns; focusing on particular aspects of social life

ex: Families, Relationships, Individuals

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Macro Level Approach

  • social aggregate (collection of people who share physical location) as the level of analysis

  • focus on the social structure, social institution, political and economic change

  • analysis of large patterns; taking into account the whole picture of the society

  • focuses on broader social phenomena

    • whole social structure

    • system and phenomena

  • implies that there is a system with intererrelated parts

ex: Nations, Legal Systems, Economics

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Rational Choice Theory

  • tool in making sense why people act or behave in the way that they do

  • when face with several courses of action, people usually do what they believe to have the overall best outcome, Ward 2022

  • individuals actions are based on their preferences, beliefs feasible strategies

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Three Pillars

  • strategies or courses of actions open and available to them

  • preferences over the end states to which combinations of actions chosen by the various players lead

  • beliefs about important parameters such as others