RationalChoiceAnsatz
RationalChoiceAnsatz is a methodological assumption used in economics, political science, sociology, and interdisciplinary modeling. It designates the use of rational choice as a foundational premise for predicting behavior, by asserting that agents select actions that maximize a well-defined utility subject to available information and constraints.
In formal terms, agents have complete and transitive preferences, choose among alternatives to maximize expected utility,
As an ansatz borrowed from physics, it provides a tractable starting point for building models; it is
Criticism notes that the assumption may oversimplify motivation, ignore social context and fairness concerns, and fail
Related concepts include rational choice theory, bounded rationality, satisficing, utility theory, and equilibrium analysis; the Ansatz