RATIONAL CHOICE THEORY

Rational Choice Theory

Rational Choice Theory

Introduction

Rational Choice Theory is the basic approach determined the scientists to comprehend the behavior of human and their actions in order to evaluate the value and traditional rationality. The approach is widespread with respect to the leading examples and methods to economics. It has become extensively useful for several of comparative consequences such as political science, sociology, anthropology and psychology, with the importance of specified issues that has the influence regarding the rational choice approach that comprises beyond the conventional economic issues. These scientists, sociologist and psychologist have tried to develop the theories with the idea that an individual's action is “rational” in nature and the people measure the benefits pros and cons of an action before deciding what they have to do. The application of this theory submits to the perspective of social interaction between two or more individuals and how the exchange of action is done with the fact that individual act rationally. This has been recognized that the human's behavior is influenced by several of the reactants and non reactants that have the direct impact on their behavior of action, they see, influence, comprehend, evaluate and act as per the consequence and situations they face. Such actions are recognized as habitual or traditional, effectual, emotional, emotional and various varieties of value oriented actions, these actions are set along with the propensity of rational types of action. All these actions have been argued lately with the sense of motivated, as active and instrumental action that has the impact on appearance to be rational or irrational.

The major purpose of this discussion is to define the importance and the significance of value rationality and traditional rationality through various aspects of the rational choice theory. The discussion comprises with the basic information regarding value and traditional rationality supported with some examples and illustrated with the wide perspective of rational choice techniques and methods that could be applied in order to identify the aspect of choice with respect to the individual's behavior and his actions towards particular circumstances and the situations that he live in.

Discussion

Case and the Actor

The Prime Minister Benjsmin Nentanyahu represents the Israeli viewpoint that the present state of affairs is the best regarding the discussion. In an interview with CNN's anchor Wolf Blitzer, he stated the status quo and the rational choice of action regarding the current scenario.

Many of the advocates of Israel ...