homo economicus


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homo economicus

(ˌɛkəˈnɒmɪkəs)
n
a theoretical human being who rationally calculates the costs and benefits of every action before making a decision, used as the basis for a number of economic theories and models
[C21: modelled on homo sapiens, etc. ]
References in periodicals archive ?
16) Over the course of fifteen powerful essays, Moral Markets marshals some of the strongest evidence, and lays out some of the strongest philosophical, evolutionary, and biological arguments against the existence of Homo economicus.
En el ano 2005 nos inspiro la idea de impulsar "politicas culturales que tomen en cuenta las multiples dimensiones del Hombre, quien debe ser considerado mas alla de su dimension primaria de homo sapiens y homo economicus.
But none of this will make sense in the constricted vision of homo economicus which has taken over modern culture.
ECONOMICS IS THE QUEEN OF the social sciences, and it owes much of its success to its hypothetical homo economicus, a tireless soldier who has colonized other disciplines by seeming to point the way toward understanding the rational basis of human behavior.
Nos recuerda que las reglas internalizadas son las que pueden cambiar las instituciones, lo que contradice la idea del homo economicus que no es mas que una caricatura (p.
Fox y su equipo deben aprender a pensar que los seres humanos no son homo economicus, transportandus o educandus, sino personas que solo tienen sentido con relacion a sus tradiciones y sus creencias, y que reducirlos a las categorias del mundo moderno es no solo destruirlos en su ser, sino empobrecer la pluralidad de nuestro comun.
We should note here that [delta] = 0 corresponds to Homo Economicus, the individual modeled in standard economic literature.
Smith, Richard Thaler, and Daniel Kahneman and Amos Tversky, all of whom are attempting to inject more realism and testability into homo economicus.
The homo economicus who Watt saw being inscribed in the development of modern fiction is replaced in these essays by a complex religious figure, an inconsistent patriarch, a misogynist, and especially an imperialist, standing for the highest ideals of that discourse of colonialism in which Defoe played a polemical as well as a literary role.
I take homo economicus as my model of man in hope of thereby establishing a firm footing for my ladder" [p.
David Schmidtz, quite rightly, refuses to follow those who would derive morality from the strategic choices of homo economicus.
For example, a few evangelizing economists aside, it is hard to find any notable liberal theorist who has maintained that human beings always act as relentlessly wealth-maximizing homo economicus.