CHECK THESE SAMPLES OF Power and Limitations of the Concept of Rational Choice
...into order by governments, the clash and balance of the authorities and the control of the states. On the same hand, the role of post-positivist epistemology comes into limelight. This epistemology refutes the notion that the social world can be investigated and studies upon for the purpose of gaining more insight into the dynamics of international relations by taking an unbiased and value-free approach. The concepts of neo-liberalism and neo-realism, as promoted by a number of theorists, are not granted credibility and substance for study of the social world. This follows that the rational choice theory and other theories that fall under the category of neo-liberalism and neo-realism...
12 Pages(3000 words)Essay
...Examine the strengths and limitations of rational-choice based perspectives. A major strength of rational-choice based perspectives is its reliance on mathematical techniques. “When a theory is couched in terms of mathematics, it is usually quite straightforward to determine whether the conclusions follow from the assumptions.” (Baylor University, 2002, 51). In effect, because of its theoretical value as contrasted to practical theories, rational choice based perspectives tend to “dominate its competitors because it has been more successful empirically.” (Baylor University, 2002, 53). Another advantage of this...
4 Pages(1000 words)Essay
...of rational choice theory are also widespread. Rational choice models in economics often assume perfectly competitive markets and complete information, which seems to many observers to be drastically at odds with the situation in the real world. Arrow (1987) contends that the assumption of rationality has by itself no observable implications whatsoever. Instead, Rationality in application is not merely a property of the individual. Its useful and powerful implications derive from the conjunction of individual rationality and the other basic concepts of neoclassical theory – equilibrium,...
12 Pages(3000 words)Essay
...will highlight the importance of understanding the concept of the theory to reach to a conclusion. For this the theory will be critically assessed and commented (Zafirovski, 2001). RATIONAL CHOICE THEORY AND ITS EMPHASIS The emphasis of the Rational Choice Theory is to gain maximum understanding of the human behavior. The postulates that have been proposed in the theory are very vital for deriving the concepts of economics. The use of this theory is not limited only to economics but its application can be prominently admired in disciplines like sociology, political sciences etc. where human behavior plays a very vital...
10 Pages(2500 words)Essay
...1 Overview The concept of power has changed its meaning over a period. Once considered in terms of political power, it now conveys the meaning ofmilitary might of countries. It has gradually lost its positive sense or meaning of constructive action. Frankly speaking, people are using the word 'power', formally and informally, to indicate the destructive power of nations through their military might. The twentieth century had seen aggressive colonisation activity in Asia and Africa and in the process, European countries competed with each other trying to dominate and show their strength in international relations. It had obviously led to the arms race in...
12 Pages(3000 words)Essay
...The Power of Choice The most intriguing, dynamic and complex facet of the human physiology is the human brain. The brain is responsible for the cognitive processes that man undertakes, as well as the inventions that man has made for the advancement of his civilization.
Recent psychology has taken quantum leaps in uncovering more about how the brain works. Aside from studying the brain as a human organ, it is also being studied as a neuro-computer that processes chemical and electronic signals from all parts of the body, to come up with the appropriate responses to the stimuli that the person experiences. Recent discoveries try to understand the complexities under which the human brain operates.
As a...
9 Pages(2250 words)Case Study
...The present paper is devoted to the discussion of the rational choice theories as applied to the political science and international relations in particular. The aim of the work is to consider the assumption, that political science and international relations display a wide range of irrational decisions, which cannot be explained by the rational choice theory. 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...
8 Pages(2000 words)Essay
...organizational goals, leadership, culture and structure. Thus the concept of power is central to all three theories and they essentially identify power as the most important link within the organizational environment. The only difference comes from the fact that three theories mentioned above locate the power concept in three different areas or groups of members within the organization.
Resource dependence theory is based on the fact that organizations inevitably depend on resources and their mobility and as result in turn depend on suppliers of those resources (Pfeffer, 2003)On the other hand institutional theory is based on the argument...
6 Pages(1500 words)Essay
...Advertising Disrupts the Objective of Rational Choice
The topic of advertising has also been controversial. The basic purpose of advertisements is to give out information about a new product, or an existing product, to the consumers which would aid them in making a reasonable choice when deciding between similar products. However, advertising today is not just about providing information. Companies, in order to differentiate themselves, use manipulative tactics to make their products appear superior than they actually are.
This essay will discuss how advertisements affect the rational decision making process of the customers by manipulating them and causing them to...
4 Pages(1000 words)Essay
...The Value and Fallacy of Rational Choice Theory in Managerial Decision Making Introduction It is valid to argue that decision making is one of the most vital of all group and individual endeavors within an organization. Customarily, theorists and academics have viewed decision making as the intricate mechanism by which the processes of problem identification, formulation 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, that a decision should be made, that there are...
6 Pages(1500 words)Essay
