What Are The Main Strengths And Weaknesses Of The Rational Choice Approach To Religions Behavior?
Beginning of paper
What Are The Main Strengths and Weaknesses of The Rational Choice Approach To
One of the pioneers of the rational choice theory has been Gary Becker.
He states that this approach can be applied to all human behaviour, including
religion. This approach has three assumptions. It assumes that people ....
Middle of paper
.... approach involves four theorems. Firstly, a rise in price reduces
the quantity demanded. The example he gives is if people have to put more time
and effort into having children then less people will do so. Secondly, a rise
in price increases the quantity supplied, the example given is women in the
labour market. Thirdly, competitive markets are more efficient then
monopolistic markets and lead to the diversity of a product. Fourthly, a tax on
the output of a market reduces that ....
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Word count: 1739
Page count: 7 (approximately 250 words per page)
