Difference between revisions of "Homo economicus"
From Critiques Of Libertarianism
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[[Category:We libertarians are rational, they are not.]] | [[Category:We libertarians are rational, they are not.]] | ||
[[Category:Common Fallacies Of Economics]] | [[Category:Common Fallacies Of Economics]] | ||
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{{DES | des = The idea that humans are rational, economic maximizers. A common, simplifying assumption in most economic models, also known as economic rationality. It is also commonly agreed that this assumption is false. Behavioral studies with the [[Ultimatum Game]] are good evidence that it is false. | show=}} | {{DES | des = The idea that humans are rational, economic maximizers. A common, simplifying assumption in most economic models, also known as economic rationality. It is also commonly agreed that this assumption is false. Behavioral studies with the [[Ultimatum Game]] are good evidence that it is false. | show=}} | ||
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