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