Rational Choice Sociology
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Rational Choice Sociology

Essays on Theory, Collective Action and Social Order

Michael Hechter

Rational Choice Sociology shows that despite the scepticism of many sociologist, rational choice theory indeed can account for a variety of non-market outcomes, including those concerning social norms, family dynamics, crime, rebellion, state formation and social order.
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Chapter 3: A THEORY OF THE VALUE OF GRANDCHILDREN

Debra Friedman, Michael Hechter and Derek Kreager

Abstract

As innovations in medical technology extend average longevity, grandparents become increasingly present during the lives of their grandchildren. We propose a theory that seeks to explain differential investment in grandchildren. The theory relies on a fundamental assumption of uncertainty reduction to explain why grandparents in post-industrial societies might find it rational to invest in at least one of their grandchildren. We advance numerous illustrative hypotheses about end of life uncertainty, as well as proportional and differential investments in grandchildren, and discuss the relevance of existing empirical literature.

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