This is for my report in DISS.

1. Rational choice theory is an economic principle that
states that individuals always make prudent and
logical decisions. These decisions provide people with
the greatest benefitor satisfaction — given the
choices available — and f it are also in their highest
self-interest. Most mainstream academic
assumptions and theories are based on rational
choice theory.

2. Rational choice theory assumes that all people try to
actively maximize their advantage in any situation and
therefore consistently try to minimize their losses. The
theory is based on the idea that all humans base their
decisions on rational calculations, act with rationality when
choosing, and aim to increase eitstipulates her pleasure or
profit. Rational choice theory also that all complex social
phenomena are driven by individual human actions.
Therefore, if an economist wants to explain social change or
the actions of social institutions, he needs to look at the
rational decisions of the individuals that make up the whole.

3. Rational choice theory, also called rational action
theory or choice theory, school of thought based on the
assumption that individuals choose a course of action that
is most in line with their personal preferences. Rational
choice theory is used to model human decision making,
especially in the context of microeconomics, where it
helps economists better understand the behaviour of a
society in terms of individual actions as explained
through rationality, in which choices are consistent
because they are made according to personal preference.
Rational choice theory increasingly is applied to other
areas as well, including evolutionary theory, political
science, and warfare.