Archivi tag: Limits of Rationality

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Stefano Bracaletti

(Università del Piemonte orientale)
stefano.bracaletti@hotmail.it

Abstract: Rational choice theory represents the basic model used by economic theory – in its neoclassical form – to account for human behavior and it has recently found some applications in sociology. Rational choice theory “translates” the naïf language of beliefs and actions in the language of choices under constraints. It explains human action in terms of some minimal elements:  the choice of the best way to attain a specific result, given the beliefs and the desires of actors (information and preferences) given a set of possible choices and