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Rational choice models and self-fulfilling and self-defeating prophecies

Bernard Grofman

pp. 381-383

If individuals act so as to maximize expected utility then both self-fulfilling and self-defeating prophecies may be integrated into a rational choice model in such a way as to maintain predictability (in probabilistic terms) of individual actions.

Publication details

DOI: 10.1007/978-94-010-2259-0_13

Full citation:

Grofman, B. (1974)., Rational choice models and self-fulfilling and self-defeating prophecies, in W. Leinfellner & E. Köhler (eds.), Developments in the methodology of social science, Dordrecht, Springer, pp. 381-383.

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