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Homo economicus belief inhibits trust. [PDF]
As a foundational concept in economics, the homo economicus assumption regards humans as rational and self-interested actors. In contrast, trust requires individuals to believe partners' benevolence and unselfishness. Thus, the homo economicus belief may
Ziqiang Xin, Guofang Liu
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Alcohol unleashes homo economicus by inhibiting cooperation. [PDF]
Human behavior lies somewhere between purely self-interested homo economicus and socially-motivated homo reciprocans. The factors that cause people to choose self-interest over costly cooperation can provide insights into human nature and are essential ...
Paul J Zak +3 more
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Rationality and Explanations in Economics is an interesting book which defends a challenging thesis, but, as we will see, all three terms, rationality, explanations and economics, raise problems and require specifications. Maurice Lagueux proposes the provocative thesis that explanation in economics rests on a very minimal conception of rationality ...
Paul Dumouchel
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The Evolution of Homo Economicus
The article provides a review of the ways in which interdisciplinary research in modern economic thought gives a more realistic understanding of human behavior and economic decision making. On the one hand, economic imperialism drove wider application of
Natalia V. Komarovskaia
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Human being is driven by many factors, but in trading activities, an individual is driven primarily by self-interest rather than other encouragement. This is the point which then develops into the core of the image of an economic being. However, the whole of human self is never driven only by self-interest.
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The formation of an effective socially oriented economic system of an individual state has been carried out for a long time and one of the main tools for combining the government and economic entities is taxes and other mandatory payments.
O.Y.
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A Critique of Methodological Individualism: The Concept of Altruism and Application of the Ultimatum Game [PDF]
Although methodological individualism has served the scientific claims of mainstream economics, it is far removed from modeling actual people. To raise the level of abstraction, mainstream economics has started expressing human nature through homo ...
Yıldız Zeliha Hatipoğlu
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En su libro ¿Quién le hacía la cena a Adam Smith? Una historia de las mujeres y la economía, Katrine Marçal, erige una crítica a la ciencia económica. Particularmente al concepto homo economicus, un tipo ideal que ha sido un punto de partida al diseñar ...
María Mónica Sosa Vásquez
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The Concept of Homo Economicus in Economic Theory: An Outline of the Evolution
The evolution and progress in economic studies that have occurred in the past five decades provide a theoretical basis for changing the paradigm of homo economicus.
Tomasz Zalega
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