Theories Of Rational Choice Theory

Most of us have to make decisions from the time we wake up until the time we go to bed at night. Answering questions like what should I eat for breakfast, can I make that yellow light and should I go to the gym or go out for pizza all require us to make a choice or a decision (Robbins, S.P., Judge, T.A., 2009). At work I am challenged with collaborating with managers and other leaders to make decisions based on scenarios and events that occur in the hospital.

When it comes down to it, we all make our own decisions. We weigh the pros and cons to decide if the benefits outweigh the potential punishments. The idea of rational choice theory is that people choose their actions based on the options available and choose the one they most prefer. If their choice is to eat a donut or to not, when they really want to eat it, chances are they will eat it. Once you add in punishment, it gets more complicated. If the person were to be punished for eating it, they will most likely think it through more. Say, it’s a teenager who wants to eat the donut but he knows his father will ground him if he does. This donut is the teen’s favorite kind and he really really wants to eat the donut, but the risk of punishment is there, the teen will weigh the consequences against the benefits. Would he choose a few minutes of a tasty donut and risk being grounded for a week or would he choose to forgo the donut and not get in trouble? The act of having a choice to do something you want to do that also has consequences and causes you to rationally decide if it’s worth it or not is rational choice theory.

Criminology is the study of why individuals commit crimes. Several sociologists and criminologists have developed theories that attempt to explain criminal behavior and why it occurs. In earlier times, theories such as biological determinism and phrenology were often used to explain criminal behavior. Those theories have since been proven to be unreasonable and unrealistic. As time passed, sociologists and criminologists created more plausible theories including the rational choice, classical, conflict, labeling, life course, critical, strain, social disorganization, routine activity, social control, and positivist theories. In attempts to better understand these criminological theories, an individual could apply one (or more) of these theories to real-life events or things he/she has seen on television. I have chosen to apply the rational choice theory to the popular movie Taken starring Liam Neeson and explain the many examples found throughout the movie.

Kahneman’s article is an analysis of intuitive thinking and how it guides our decision-making. Although primarily aimed at the field of psychology, it is an interdisciplinary article with applications in economic theorising. Kahneman attempts to differentiate between two systems of thought, one of intuition (system 1) and one of reasoning (system 2), and argues that many judgements and choices are made intuitively, rather than with reason (a slower and more deliberate process). Intuitive decision making, which encompasses heuristics, although generally more efficient and rapid, makes the agent potentially subject to errors due to framing effects or violations of dominance. The analysis of the studies and theoretical situations also provides criticism of the commonly held model of the rational agent within economics. The article also further conceptualises Kahneman’s theory, the Prospect Theory (Kahneman & Tversky, 1979), which has descriptive applications of people’s choice in decision-making situations involving risk and known probability of outcomes. These situations are typically unexplained by the more normative rational agent model.

The action that leads to the greatest net outcome of utility is then considered to be the correct choice. According to this theory, Alistair should choose the action that will maximise happiness and minimise unhappiness.

My example of the rational choice theory of today is the mexican drug controls of December 2011. The drug trafficking organization in Mexico was highly rational, self-interested actors seeked to maximize profit.

This paper will cover two criminological theories and they will be applied to two types of criminality. The two theories chosen for the paper were developmental theory and rational choice theory. The two types of crimes that were chosen were organized crime, specifically focusing on gangs, and terrorism. Then the crimes will be compared and contrasted. Finally, the developmental theory will be applied to organized crime to explain why and how it happens. The rational choice theory will be applied to terrorism to explain what compels individuals to attempt this form of criminality.

Deterrence and Rational Choice Theory and the three strikes laws are seen by some researcher as the way to maintain control, deter crime and deliver harsh punishment for repeat offenders by subjecting them to the three strikes law. They believe that if the punishment is harsh that offenders will be deterred to commit crime. We will take a look at these theories, and see if they are really the answer to our crime problems in the USA. It will also allow us to ask the question which is: can theories work better individually or should we incorporate them to make a better policy? And if we do incorporate them will in a policy, will they reduce crime, deter criminal from committing future crimes, and help to reduce future criminal acts? Lastly, can we implement general strain theory to into the policy so that we can try to figure out what is wrong, along with reevaluating the three strike law and see if the mandatory sentencing is working or is part of the problem?

In this essay I will be comparing and contrasting the Rational Choice Theory(s) and the Trait Theory(s). We will start with the history of the two theories and progress toward some of the individual principles in the theories. Next step will be explaining how each theory contributes to criminal behavior. My closing paragraph will conclude the essay as well as give detailed information on how society punishes the crimes committed.

The Myth of Choice: How Junk-Food Marketers Target Our Kids and “Marketing to kids gets more savvy with new technologies” show how children are targets in marketing. They both show the bad points marketers do to get children to buy their product. For example, on Webkinz they have you watch free ads to earn virtual money but they get money every time you click the “free ad” button on the site while in The Myth of Choice: How Junk-Food Marketers Target Our Kids, Anna Lappe from Real Food Media Project mentions that junk food is etched in the kid’s mind. In Myth of of Choice: How Junk-Food Marketers Target Our Kids shows how marketers target kids in the case of junk food while “Marketing to kids gets more savvy with new technologies” shows how

The third principle of individual economic decision-making relates to marginal decision-making. Rational people will think at the marginal level, making small changes or tweaks in their plans to achieve the desired objective. Rational people normally have a certain system or method he/she uses to achieve their objective and they understand that sometimes small changes must be made to accomplish this.

He argued that every human being has unique preferences which greatly influence them when making choices (Breen and Rottman 1995). People are mostly motivated by money and are likely to carry out a cost-benefit analysis before settling on a decision. It is based on the following premises: human behavior is based on rational calculations, human beings act with rationality when making choices and these choices are aimed at maximizing gains or pleasure. In a similar manner, Interactionist Theory (IT) is used to study social interactions among people. It does not study the entire population at once, but rather studies smaller social groups. It focuses on how individuals act and how they make behavioral choices depending on the way they interpret situations (Hindess, 1998, p.42). From another perspective, it states that human beings only react to social stimuli. As such, they are social actors, and must adjust their behaviors in consideration to the behaviors of other human

The topic I have chosen to write this research paper over is the rational choice theory. The rational choice theory started with the work of Cesare Beccaria in the late eighteenth century. From that point forward, the theory has been developed and opened up to incorporate different viewpoints, like discouragement and routine activity theory. The rational choice theory is a monetary rule that expresses that people dependably settle on reasonable and legitimate choices. These choices furnish individuals with the best advantage or fulfillment, given the decisions accessible and are likewise in their most elevated self-interest.

Rational choice theory, also known simply as choice theory, is the assessment of a potential offender to commit a crime. Choice theory is the belief that committing a crime is a rational decision, based on cost benefit analysis. The would-be offender will weigh the costs of committing a particular crime: fines, jail time, and imprisonment versus the benefits: money, status, heightened adrenaline. Depending on which factors out-weigh the other, a criminal will decide to commit or forgo committing a crime. This decision making process makes committing a crime a rational choice. This theory can be used to explain why an offender will decide to commit burglary, robbery, aggravated assault, or murder.

Rational choice theory and social control theory both show why an individual may commit a criminal act, but they both also draw criticism of their approach. Rational choice theory critics point out that “The first problem with the theory has to do with explaining collective action. That is, if individuals simply base their actions on calculations of personal profit, why would they ever choose to do something that will benefit others more than themselves?” (Crossman, 2015). The theory focuses only on the individual’s mindset and doesn’t take into account any of their social structure. The society an individual grows up in may make them more prone to commit crime. Social control theory, in particular the study conducted by Travis Hirschi, also