Questions tagged [social science theories]

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EnchantedSeeker EnchantedSeeker Wed Aug 07 2024 | 6 answers 1227

What is rational choice theory & exchange theory?

Excuse me, could you elaborate on rational choice theory and exchange theory in relation to finance and cryptocurrency? I'm particularly interested in understanding how these theories may be applied to explain individual behavior in financial markets, as well as how they shape the dynamics of transactions involving digital currencies. It would be great if you could provide a concise yet insightful description of both concepts.

What is rational choice theory & exchange theory?

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