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Becker was the first to develop the theory and applied rational actor models in economic widely. According to Rational action theory, when there are several course of action to carry out a task, an individual will choose the one which he thinks is most likely to be the best rewarding (Ogu, 2013). This paper will focus on application of RCT in paradigm of Politics and International Relation, with its benefits and drawbacks.
In politics and economics, competition has been the main drive for greater power for scarce resources. Semblance of politics and economics and, unravelled nature of relationship between economic and political competition of goods in former case and for power and privilege in the later, has made the theorist to apply economic methods in the study of politics.
Some researches show that individuals or representatives in economic and political paradigm acts in the same manner on overall value scale while taking part in market of political activity. In this way, the research shows that the voters are inherently the same as costumers because the same individual is a voter and a customer simultaneously (Tullock, 2006). Since its development by Becker, the rational choice theory came along way and stormed the field of political science. It is because of two important advantages which rational choice theory possesses over its rival theories that are; first, the theory possesses immense analytical advantage. Then, secondly, it is not a mere theory, rather a technique to develop theories. Although, it work with certain other theories, however, it explains the behaviour of political actors while making selection from a certain set of options in order to get their goal with minimal input. Briefly, it illustrates the fashions and ways in which people behave when provided with choices. Similarly, this theory entails the behaviour explicitly depicted by the
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Post-modern organization theory reviews the assumptions of power in terms of the manner in which they articulate themselves as the central foci of organizational behavior. Modernism elevated certain positions and naturalized them in a way that posed obstacles in probing some of the key assumptions, which indeed have been found to lack substance and merit.
The rational choice based perspectives are limited due to its abstract nature, its lack of realistic and empirical procedures. The limiting factor of this perspective would seem that the assumptions of the theory are not literally and completely true. In relation to its unempirical approach is the lack of evidence.
Critics of the rational choice paradigm generally indicate that their is no objective knowledge. This is key because if there is not such thing as objective knowledge, one cannot be said to arrive at a correct conclusion through being rational. In this paper I will provide a brief description of Rational choice before discussing the debate of rational choice in reference to ontology, methodology, and epistemology.
What is rational in Rational Choice Theory? Critically assess its applications.
The Rational Choice Theory is based on the principle, that choices which the individuals make for utilizing a particular product or service are based on the rational of maximizing the utility.
The main conclusion of the work is that despite the fact that rational choice theories are widely used at present for the explanation of various international processes, their application is in many terms limited as soon as the decision appears to be irrational.
on of objectives, and solution development, are created and assessed, and an alternative is adopted, applied, and then monitored and updated (Parmigiani & Inoue 2009). This form of rational approach to decision making states that the decision maker knows that a problem exists,
As Gothic painters, these artists represented grotesque and shocking depictions of culture and religious versions of existence such as the Annunciation. In Annunciation, Gabriel visits Virgin Mary to confer to her a message from God imploring her to give
So what is the rationalization? A valuable definition is by Ritzer, which he refers Rationalization as the organizational stress on efficiency, calculability, human workforce replacement by technology, predictability
Firstly rational configuration of firms will be closely studied on basis of some theoretical frameworks. Then both perspectives of rational behavior will be identified so as to make this study complete. The
3). It creates an environment for proper communication since employees are related in terms of job within departments and this enhances coordination. According to Das (2012), it has a hierarchy structure that creates accountability and privileges where
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