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What are the 3 concepts of rational choice theory?

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Answer:

Step-by-step explanation:

The three concepts of rational choice theory are:

  • Self-interest: Individuals are rational and motivated by their own self-interest.

  • Choice: Individuals make choices based on the available options and the expected costs and benefits of each option.

  • Constraints: Individuals are constrained by various factors such as limited resources, time, and information, which affect their ability to make choices.
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