THE PSYCHOLOGY OF EMOTIONS
SOCIAL THEORY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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His major contribution to the development of Rational Choice Theory was perhaps the ability for having extended the realm of microeconomics investigation to a broad extent of human behavior and interactions.
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Thomas Hobes
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Gary Becker
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George Homans
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None of the above
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Explanation:
Detailed explanation-1: -Adam Smith was one of the first economists to develop the underlying principles of the rational choice theory.
Detailed explanation-2: -Becker (1976) has described the rational choice model as “a unified framework for understanding all human behaviour”, Rogowski (1997) also asserts to the model as the “most rigorous and the most general theory of social action that has been advanced in this century”.
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