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Topic: Miscellaneous
Number of pages / Number of words: 7 / 1864
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The most important part of the choice theory is the decision making process.

It is a process of cognition and calculation in which a person pursues a desired goal,

weighs likely consequences, and chooses the options to commit or not to commit a

crime. Predictions based on rational outcomes are most accurate in large random

population samples where idiosyncratic differences in decisions cancel each other

(Friedman and Hechter...


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Predictions based on rational outcomes are most accurate in large random

population samples where idiosyncratic differences in decisions cancel each other

(Friedman and Hechter. (1988); Hechter, (1996); Hechter and Kanazawa, (1997).

Many decisions of everyday life are based on imperfect knowledge and crude,

subjective assessments of utility...


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