Although the roots of rational choice theory can be found in Aristotle, the more explicit treatment of the subject originates in the middle of the twentieth century. Building on these foundations, this collection brings together the most important contributions to the diverse literature on rational choice in five easily accessible and coherently organized volumes.
Setting-out the basis of the subject, volume one analyzes the problem of pure choice. This is taken further in the second volume, which explores the problem of rational choice when uncertainty is of the essence. Volume three considers strategic choice, and volume four changes the emphasis from the ideal to the possible – from perfect rationality to bounded rationality. Taking a different approach, the final volume analyzes the problem of group choice.
A highly comprehensive and important collection, Rational Choice Theory is a valuable resource for student and scholar alike.