Rational Actor Theory States That Actions Taken by the Individual

question 14

Essay

Rational actor theory states that actions taken by the individual will be in his or her self-interest, yet voting has the lowest direct benefit of all political activities.What are some of the reasons that individuals vote? Why do some individuals find voting so satisfying? Do you find it satisfying yourself?

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Definitions:

Interest Rates

The cost, represented as a portion of the principal, that a borrower must pay to a lender for borrowing assets.

Present Value

The contemporary value of money or cash flows due in the future, calculated with a designated rate of return.

Received

To have been given, accepted, or acknowledged something that is sent or provided.

Economic Rent

The excess payment made to a factor of production over and above what is needed to keep it in its current use.