Chapter 3 McGraw-Hill/IrwinCopyright © 2010 The McGraw-Hill Companies, Inc. All rights reserved.
Weak empirical support If anything, the certainty of punishment may have marginal effects on crime WHY SO WEAK? Based on “weak” theory—weak assumptions.
Individual & Market Demand Chapter 4. 4 main topics related to Individual & Market Demand 1. Use the Rational Choice model Derive an individual’s demand.
Rational Choice Theory and Deterrence Theory 1. Rational Choice Theory 2. Deterrence theory 3. Quiz # 3.
Economics (language, theory) “Expected Utility” = calculation of all risks and rewards This is much broader than deterrence ▪ Includes risks not.
Chapter 5 McGraw-Hill/IrwinCopyright © 2010 The McGraw-Hill Companies, Inc. All rights reserved.
POLITICAL PARTICIPATION IN THE US What do we mean by political participation? Why do we privilege voting as a measure of political participation? Is political.
Infonomics 0A416 1 Infonomics Criticism of “the rational choice model” & Course summary U. Matzat Sociologie / HTI School of Innovation Science TU/e.