AN EVALUATION OF RATIONAL CHOICE THEORY AND ITS IMPLICATIONS FOR WHITE-COLLAR CRIME
Abstract:
This research study aims to critically evaluate the application of rational choice theory in understanding and explaining white-collar crime. White-collar crime refers to non-violent criminal activities committed by individuals or organizations in professional or business settings, often involving financial fraud, embezzlement, insider trading, and other deceptive practices. Rational choice theory posits that individuals engage in criminal behavior after a rational assessment of the costs and benefits associated with such actions.
The study will begin by providing an overview of rational choice theory and its key principles, highlighting its emphasis on individual decision-making processes. It will then explore how this theory has been applied to traditional forms of street crime and assess its effectiveness in explaining and predicting criminal behavior in those contexts.
Subsequently, the research will shift its focus to white-collar crime and examine the applicability of rational choice theory to this particular domain. It will analyze the decision-making processes of white-collar offenders, including the assessment of potential gains, perceived risks, and situational factors that influence their choices. The study will also investigate the role of rationalizations and self-justifications in the commission of white-collar crimes.
Furthermore, the research will explore the implications of rational choice theory for the prevention and detection of white-collar crime. It will examine how insights from this theory can inform strategies and interventions aimed at deterring or reducing white-collar criminal behavior. Additionally, the study will discuss the limitations and criticisms of rational choice theory when applied to white-collar crime, including its failure to account for social and organizational factors that may influence decision-making processes.
To accomplish these objectives, the research will employ a mixed-methods approach, combining quantitative analysis of existing data on white-collar crime with qualitative interviews or case studies of individuals involved in white-collar offenses. The findings of this study will contribute to the existing body of knowledge on white-collar crime and provide insights into the utility of rational choice theory as a framework for understanding and addressing this form of criminal behavior.
AN EVALUATION OF RATIONAL CHOICE THEORY AND ITS IMPLICATIONS FOR WHITE-COLLAR CRIME. GET MORE CRIMINOLOGY AND SECURITY STUDIES PROJECT TOPICS AND MATERIALS