rationalaction
Rational action refers to actions that are justified within a rational framework, typically by appealing to the agent’s reasons, beliefs, and preferences. In decision theory, a rational action is one that maximizes expected utility given the agent’s beliefs and the information available at the time of decision.
Two broad strands are commonly distinguished. Instrumental rationality concerns choosing the most effective means to an
In sociology and economics, Rational Choice Theory treats individuals as rational actors who make decisions by
Prominent scholars associated with rational action include Max Weber, Herbert A. Simon, Gary Becker, and James