Public choice theory

Rationality is a term that most people understand as making sensible decisions and choices based on facts and the amount information someone possess in a particular situation. However, in the world of economics and psychology this term can be assumed in two different contrasts. In economics, rationality can be defined as individuals making decisions based on their self-interest as well as maximising their utility. This is also mentioned by Edgeworth (1881 p.16) where he states ‘the first…

turn to drugs in order to cope with difficult situations or just for fun and end up becoming hooked. From a sociological perspective, drugs and drug taking can be looked at from the big picture or the larger picture rather than individual. Conflict theory focuses on society as whole that influences groups and communities. Drugs such as cocaine and heroin have a much bigger impact on human health rather than alcohol and marijuana. Addiction to drugs such, as these tend to relate back to social…

very much in every field. Theories need to be proved properly and use practically in favour of mankind. In Criminology, from the beginning the laws were introduced by the high class people in western countries. Some of their hypothesis and assumptions were shown as right without any scientific proofs. The rational and control theories are in this debate from ages. Some argues these are perfect and should use as a major criminology theories but some disagree. Both theories are very complex and…

II. Brief description of the role that uncertainty plays in economic theory/models and contrast this perspective with the sociological account Since Knight (2005), the monetarist models use assumptions of perfect information and imperfect with respect to the future. With the emergence of imperfect information the economist stated that it can be predicted by stochastic variables (random) from the probabilistic point of view, one can calculate the costs and benefits of different actions present…

The previous section showed the strong similarities between the characteristics of a “good burglar” and Mr. Nordahl. First among them is his attention to detail. By controlling as many variables as possible, he was able to lower the risk involved. This included, avoiding drugs and violence, understanding his tools, targeting particular houses, and studying the items he intended to take. This all points to Nordahl’s ability to make rational decisions as to when and where to commit a crime; a…

pleasure, or some other beneficial result. The Rational Choice Theory perspective as presented by Cornish and Clark (1985) is based upon three concepts; (one) criminal offenders are rational and make choices and decisions that benefit themselves; (two) a crime- specific focus is required; and (three) there is a distinction between choices related to criminal involvement and decisions related to criminal events. The theory of rational choice theory examines offender decision making and the…

In 1908 Frank Parsons developed a simplistic matching theory whereby he matched people with jobs according to their skills and the skill requirements of employers. This was the first attempt at producing a career guidance theory. The theory is that everybody is different and that these differences can be measured. The requirements of individual jobs can be measured and the two matched up. Consequently you get the right person for the right job. Most careers software programs such as kudos and…

meats that are not good for individuals. We need to understand behaviour as well as biology; economics assume that people make rational decisions on how they feel and not thinking of long-term effects. Also everyone has individual preferences so choices will be different. Limited income is also a huge affect and you cannot have everything you want. New technology may make being obese less dangerous. When you look at health, incomes, the amount of leisure, amount of exercise, and the amount…

propose that it depends upon their “rational calculation” (Reed, 2012), which means that parents first look at their socioeconomic status and then think about their children’s educational goals. This viewpoint involves human capital theory (Becker, 1993) and rational choice theory (Goldthrope, 1998). Since, the refugee families are not living in the UNHCR camps so, they cannot have an access to a school, however, they can enroll their children in private schools in Chiang Mai, Thailand. But, the…

Organizations develop tradition, heritage, and culture as they establish roots in a bureaucratic system. These qualities allow for a myriad of possibilities, and in the Department of Defense, there is a tendency toward inertia to mitigate risk. In Masks of War, Carl Builder extols the principle that technology created the USAF and the USAF tends to rely on technological solutions for its problems. However, even in an organization that embraces technology as a founding principle, the USAF…