Choice Theory: A Very Short Introduction

By M. Allingham. 2002

116 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/859198aec96d23c870f2ef0fae4b177616d8beba

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In Economics and Econometrics

1. N. Chater
2. Herman Baert
3. E. Boeren

Citations in the corpus

• Theoretical models of participation in adult education: the need for an integrated model (2010, background): “Rational choice theory, which is related to human capital theory, starts from the principle that humans always try to achieve maximum welfare and minimum costs when pursuing goals (Allingham 2002).”
• Economic irrationality is optimal during noisy decision making (2016, background): “Thus, the preference relationship between two alternatives ought to remain stable, regardless of changes to the choice set, incurred for example by the addition or removal of other choice alternatives (6).”