Economic theory reduces the concept of rationality to internal consistency. The practice of economics, however …, distinguishes between rational and irrational beliefs. There is therefore an interest in a theory of rational beliefs, and of the …

this approach both in key papers of political and administrative sciences, as well as in those concerning the theory of … policies and the theory of rational choice. The context of that relationship holds a great structural and functional complexity … public administration in the context of incorporating the theory of rational choice. The first three chapters have a …

For choice with deterministic consequences, the standard rationality hypothesis is ordinality, i.e., maximization of a …

Rational inattention theory is economic theory that recognizes that people have finite information-processing capacity …, in the sense of Shannon and engineering information theory. This approach is still in the early stages of development … macroeconomics and finance. In this chapter we introduce the basic ideas of information theory, show how it can be introduced …

rationally. Multiple global crises are exposing how deficient economic rationality is as a political theory, since a focus on … rational choice within the discipline. Where does this idea of economic rationality - choosing to maximize benefits and …