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Choice Theory: A Very Short Introduction
Contributor(s): Allingham, Michael (Author)
ISBN: 0192803034     ISBN-13: 9780192803030
Publisher: Oxford University Press, USA
OUR PRICE:   $11.69  
Product Type: Paperback - Other Formats
Published: November 2002
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Annotation: We make choices all the time--about how to spend our money, about how to spend our time, about what to do with our lives. And we are also constantly judging the decisions other people make as rational or irrational. But what kind of criteria are we applying when we say that a choice is
rational? What guides our own choices, especially in cases where we don't have complete information about the outcomes? What strategies should be applied in making decisions which affect a lot of people, as in the case of government policy?
This book explores what it means to be rational in all these contexts. It introduces ideas from economics, philosophy, and other areas, showing how the theory applies to decisions in everyday life, and to particular situations such as gambling and the allocation of resources.
Additional Information
BISAC Categories:
- Business & Economics | Economics - Theory
- Philosophy | Free Will & Determinism
Dewey: 301.01
LCCN: 2002029577
Lexile Measure: 1230
Series: Very Short Introductions
Physical Information: 0.36" H x 4.38" W x 7.2" (0.30 lbs) 144 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
We make choices all the time--about how to spend our money, about how to spend our time, about what to do with our lives. And we are also constantly judging the decisions other people make as rational or irrational. But what kind of criteria are we applying when we say that a choice is
rational? What guides our own choices, especially in cases where we don't have complete information about the outcomes? What strategies should be applied in making decisions which affect a lot of people, as in the case of government policy?

This book explores what it means to be rational in all these contexts. It introduces ideas from economics, philosophy, and other areas, showing how the theory applies to decisions in everyday life, and to particular situations such as gambling and the allocation of resources.