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Questions and Answers
According to Peter Abell (2000), what are the few assumptions that are made in the Rational Choice Theory?
According to Peter Abell (2000), what are the few assumptions that are made in the Rational Choice Theory?
There are few assumptions that are made in the Rational Choice Theory.
What is the meaning of Individualism in the Rational Choice Theory?
What is the meaning of Individualism in the Rational Choice Theory?
It is the individuals who ultimately make actions.
What is the meaning of Optimality in the Rational Choice Theory?
What is the meaning of Optimality in the Rational Choice Theory?
Individuals choose their actions optimally, given their individual preferences, as well as opportunities.
What does Abell argue about structures in the Rational Choice Theory?
What does Abell argue about structures in the Rational Choice Theory?
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What is the meaning of Self-Regarding Interest in the Rational Choice Theory?
What is the meaning of Self-Regarding Interest in the Rational Choice Theory?
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What is the meaning of "Isomorphism"?
What is the meaning of "Isomorphism"?
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How many types of Isomorphism functions are there?
How many types of Isomorphism functions are there?
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What is the meaning of the Regulative function of Isomorphism?
What is the meaning of the Regulative function of Isomorphism?
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What are the two types of Institutions?
What are the two types of Institutions?
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What are formal institutions?
What are formal institutions?
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What is the key concept in Institutionalism?
What is the key concept in Institutionalism?
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What are institutions often referred to as?
What are institutions often referred to as?
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Study Notes
Rational Choice Theory
- Rational Choice Theory is a theory in social science that argues that human behavior can be explained in terms of rational choices of individuals.
- Assumptions of the Rational Choice Theory (2000, Peter Abell): Individualism—individuals who ultimately make choices.
Institutionalism
- Institutions: often referred to as the "rules of the game".
- Formal Institutions: codified rules, policies, considered official, originating from state laws or government organizations.
- Informal Institutions: equally known rules and norms but are not commonly written down.
- Key aspects of Institutionalism: Formal institutions and informal institutions
- Criticism of Institutional Theory: examining power dynamics and accepting organizational hierarchies.
Functions of Isomorphism
- Regulative function—coersive effect of compliance, values placed on expediency.
- Normative function—through normative value, compliance.
- Cognitive function—mimetic value, on factors of uncertainty, and prevailing values on others.
Other Concepts
- Institutional Economics—focuses on the role of evolutionary processes of institutions in shaping economic behavior.
- Discursive Institutionalism—is an umbrella concept for approaches that concern themselves with the substantive.
- Constructivist Institutionalism—a field that looks at how gender operates within institutions.
- Feminist Institutionalism—an approach that looks at how gender operates within institutions.
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Description
Test your knowledge on Rational Choice Theory and its foundational principles, including individualism and the assumptions that drive human behavior. Additionally, explore the concept of Institutionalism, distinguishing between formal and informal institutions, as well as the critique of institutional theory. This quiz covers key aspects of isomorphism functions and their implications in social sciences.
