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- W2290221857 abstract "Rational choice theory offers an alternative perspective. This method argues that decision makers make choices that reflect a preference between outcomes. Such utility maximization offers a degree of flexibility. As Geddes notes (2000), analysts do not need to assume that personal gain (material gain) is the sole objective of decision-makers. A careful study of goals, context, and information can provide a framework for assessing decision-making under the rational actor model. How capricious is economic decision-making in Cuba? Is Fidel Castro a rational actor or an erratic tyrant? In an effort to answer these questions, I apply the rational actor model to four economic decisions undertaken by Cuba in the past decade and a half. These policies fall into two critical areas: currency and foreign investment. Were the decisions announced by Fidel Castro rational?" @default.
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- W2290221857 date "2007-01-01" @default.
- W2290221857 modified "2023-09-27" @default.
- W2290221857 title "Rational Choice or Capricious Whim? Analyzing the Decision- Making behind Cuban Economic Reform" @default.
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