then assumes that an individual has preferences among the available choices or alternatives that allow them to state which option they prefer.
Rationalactors, invisiblehand, self-interest
There are three concept of rational choice theory
Institutionalism
In the social sciences, institutionalism is an approach that emphasizes the role of institutions in the society. It is a method by which scholars take institutions as subject of study in order to find a trace patterns and sequences of social, political, economic behavior and change across time and space.