Central and East European
Society for Phenomenology

Repository | Series | Book | Chapter

206180

Rational choice models and self-fulfilling and self-defeating prophecies

Bernard Grofman

pp. 381-383

Abstract

If individuals act so as to maximize expected utility then both self-fulfilling and self-defeating prophecies may be integrated into a rational choice model in such a way as to maintain predictability (in probabilistic terms) of individual actions.

Publication details

Published in:

Leinfellner Werner, Köhler Eckehart (1974) Developments in the methodology of social science. Dordrecht, Springer.

Pages: 381-383

DOI: 10.1007/978-94-010-2259-0_13

Full citation:

Grofman Bernard (1974) „Rational choice models and self-fulfilling and self-defeating prophecies“, In: W. Leinfellner & E. Köhler (eds.), Developments in the methodology of social science, Dordrecht, Springer, 381–383.