Quiz-Rational Choice Theory

What is the main focus of Rational Choice Theory?

• Understanding human behavior

• Explaining social structures

• Maximizing self-interest

• Analyzing cultural values

Which discipline has Rational Choice Theory been applied to?

• Biology

• Chemistry

• Political science

• Literature

According to Rational Choice Theory, individuals are assumed to be:

• Emotional actors

• Irrational actors

• Rational actors

• Unpredictable actors

What does Rational Choice Theory assume about individuals' decision-making?

• They consider only the benefits

• They consider only the costs

• They consider both costs and benefits

• They consider neither costs nor benefits

What is utility maximization in Rational Choice Theory?

• Maximizing personal happiness

• Maximizing social benefits

• Maximizing financial gain

• Maximizing cultural values

According to Rational Choice Theory, individuals make decisions that:

• Reflect their preferences and goals over time

• Are inconsistent and random

• Are influenced by emotions only

• Are influenced by social norms only

What does Rational Choice Theory assume about individuals' access to information?

• They have access to all relevant information

• They have access to no information

• They have access to limited information

• They have access to irrelevant information

Which field commonly uses Rational Choice Theory to understand decision-making in the marketplace?

• Psychology

• Sociology

• Economics

• Political science

How does Rational Choice Theory explain voting behavior?

• Based on emotional attachment

• Based on social pressure

• Based on self-interest

• Based on cultural values

In sociology, Rational Choice Theory is used to understand how individuals make choices within:

• Social structures

• Religious institutions

• Educational systems

• Government organizations