• The term Homo economicus, or economic man, is the portrayal of humans as agents who are consistently rational and narrowly self-interested, and who pursue...
    30 KB (3,969 words) - 09:28, 19 August 2024
  • benefit for themselves. This concept stands in contrast to the idea of homo economicus, which states the opposite theory that human beings are exclusively...
    11 KB (1,353 words) - 02:18, 2 July 2024
  • Thumbnail for Feminist economics
    in the least. The neoclassical economic model of a person is called Homo economicus, describing a person who "interacts in society without being influenced...
    108 KB (12,862 words) - 05:22, 17 August 2024
  • as shown by the homo economicus principle; however, it has been shown that human populations are more “benevolent than homo economicus” and therefore rarely...
    25 KB (3,146 words) - 08:25, 22 June 2024
  • established in 1983 as an occasional series concerned with aspects of the Homo economicus concept. The founding editor-in-chief was Manfred J. Holler (University...
    2 KB (170 words) - 13:42, 29 April 2023
  • methodology of other social sciences, especially of economics. For example, homo economicus is the result of a consistent abstraction-idealization process. One...
    9 KB (1,050 words) - 21:18, 10 August 2024
  • Thumbnail for Names for the human species
    In addition to the generally accepted taxonomic name Homo sapiens (Latin: 'wise man', Linnaeus 1758), other Latin-based names for the human species have...
    32 KB (1,748 words) - 10:19, 16 August 2024
  • Neoclassical economists created the indefinitely abstract notion of homo economicus by following the same procedure. Economists abstract from all individual...
    38 KB (4,635 words) - 12:58, 19 August 2024
  • mathematical economics is that of the rational individual actor – Homo economicus (lit. 'economic man'). In this model, the individual seeks to maximize...
    162 KB (15,945 words) - 22:40, 18 August 2024
  • Thumbnail for Spherical cow
    underdeveloped tissue Fermi problem, efforts to produce very broad estimates Homo economicus, a hypothetical rational person Naïve physics, also called folk physics...
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  • Thumbnail for Dirty Sound Magnet
    Switzerland) and in 2017 released their album 'Western Lies'. The single 'Homo Economicus' from the album won the M4Music Demotape Clinic award for best rock...
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  • successful. He called for replacing the perfect rationality assumptions of homo economicus with a conception of rationality tailored to cognitively limited agents...
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  • happiness is the ultimate purpose of life and that the concept of homo economicus describes the fundamental behaviour of the economic agent. Such an...
    42 KB (5,084 words) - 03:24, 25 July 2024
  • facts of human nature and psychology. The book is critical of the homo economicus view of human beings "that each of us thinks and chooses unfailingly...
    21 KB (2,135 words) - 08:58, 5 April 2024
  • self-interested and rational agents, such portrayal is also called homo economicus. However, it can be explained through alternative theories as behavioral...
    25 KB (3,200 words) - 01:38, 18 July 2024
  • pointed out that the underlying normative benchmark of nudging is still homo economicus, despite the proponents' claim to the contrary. It has been remarked...
    58 KB (6,315 words) - 09:58, 25 July 2024
  • Thumbnail for Heterodox economics
    rational choice theory. Many heterodox schools are critical of the homo economicus model of human behavior used in the standard neoclassical model. A...
    32 KB (3,189 words) - 17:17, 12 August 2024
  • precursors, I argue, was not a narrow understanding of the human as homo economicus, but the belief that a functioning competitive market required an adequate...
    278 KB (28,981 words) - 13:49, 13 August 2024
  • Thumbnail for Ultimatum game
    dictator game, have been taken as both evidence for and against the Homo economicus assumptions of rational, utility-maximizing, individual decisions....
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  • theory is a useless concept for understanding human behavior; the term homo economicus (economic man: the imaginary man being assumed in economic models who...
    135 KB (15,400 words) - 19:51, 19 June 2024
  • debt, and inflation. Freshwater theories New classical macroeconomics Homo economicus Lucas critique Efficient-market hypothesis Rational expectations Real...
    9 KB (1,014 words) - 10:34, 31 October 2023
  • Thumbnail for Machiavellianism (psychology)
    that in a trust game, those with high Mach-IV scores tended to follow Homo economicus' equilibrium strategies while those with low Mach-IV scores tended...
    142 KB (16,525 words) - 16:59, 11 August 2024
  • Thumbnail for Public good (economics)
    The free rider problem depends on a conception of the human being as Homo economicus: purely rational and also purely selfish—extremely individualistic...
    50 KB (6,362 words) - 00:38, 27 June 2024
  • required Alpha–beta pruning Decision theory Flipism Frame problem Homo economicus Optimism bias Overchoice Perfect is the enemy of good Portmanteau Principle...
    26 KB (3,219 words) - 06:44, 13 August 2023
  • that reflect an idealized economic agent, sometimes referred to as Homo economicus, as a way of studying economics. In the period spanning the 1970s to...
    18 KB (2,063 words) - 07:50, 26 January 2024
  • consequently assumed that the individual is a self-interested or “homo economicus”. Here, the individual comes to a decision that optimizes their preferences...
    58 KB (7,290 words) - 06:51, 19 August 2024
  • autonomous software programs that display intelligence. Agent (economics) Homo economicus TOTREP Intelligent agent Software agent Russell & Norvig 2003, pp. 27...
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  • Dynamic stochastic general equilibrium Factors of production Game theory Homo economicus Market price Lucas aggregate supply function Lucas critique Lucas island...
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  • of information security includes models of the strictly rational “homo economicus” as well as behavioral economics. Economics of security addresses individual...
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  • Thumbnail for Critique of work
    School professor Peter Fleming notes in his new book, The Death of Homo Economicus, are beginning to be seen by medical authorities as akin to smoking...
    25 KB (3,020 words) - 00:38, 21 March 2024