The Choice Theory of Contracts answers the field's most pressing questions: what is the 'freedom' in 'freedom of contract'? What core values animate contract law and how do those values interrelate?
Every day, you make many decisions that affect your life and finances. Rational choice theory proposes that individuals work as 'rational actors' and base decisions on what makes the most sense ...
Models of stochastic choice are studied in decision theory, discrete choice econometrics, behavioral economics and psychology. Numerous experiments show that perception of stimuli is not deterministic ...
This is not about James Buchanan, the 15th President of the United States, this is about the economist James Buchanan, the leading figure in public choice theory. The connection to politics, however, ...
British model Precious Muir has thanked her lucky stars for a choice she made at one of Sean 'Diddy' Combs' infamous parties.
Bodie, Zvi, Robert C. Merton, and William Samuelson. "Labor Supply Flexibility and Portfolio Choice in a Life-Cycle Model." Journal of Economic Dynamics & Control 16, nos. 3-4 (July–October 1992): 427 ...