Rational choice theory (RCT) theorists believe that most human decisions are based on maximizing a person's own benefits, while minimizing that which can hurt the individual, according to Business ...

Social choice theory provides a foundational framework for analysing collective decision‐making, where diverse individual preferences are aggregated into a single, socially endorsed outcome. This ...

Nancy MacLean’s new book, “Democracy in Chains,” is causing a lot of controversy. In the book, MacLean, a well-regarded and award-winning historian at Duke University, takes on the late libertarian ...

This interview first appeared in The Browser, as part of the FiveBooks series. Previous contributors include Paul Krugman, Woody Allen and Ian McEwan. For a daily selection of new article suggestions ...