Difference between revisions of "Homo economicus"

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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]]
{{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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[[Category:Refutation of Dogmas by Empirical Economics]]
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[[Category:Selfishness]]
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{{DES | des = AKA Economic Man. The idea that humans are individualistic, 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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Latest revision as of 12:49, 9 October 2020