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Individual Conceptions of the Two Different Economic Systems: Homo-Economicus and Homo-Sovieticus
Bulletin of Economic Theory and AnalysisThis study examines the concepts of homo-economicus and homo-Sovieticus, which represent the individual archetypes of capitalist and socialist economic systems, respectively. Homo-economicus embodies the rational individual model of the capitalist system,
Hüsnü Bilir
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Homo-Silicus: Not (Yet) a Good Imitator of Homo Sapiens or Homo Economicus
Social Science Research NetworkDo large language models (LLMs) – such as ChatGPT-3.5 Turbo, ChatGPT-4.0, and Gemini 1.0 Pro, and DeepSeek-R1 – simulate human behavior in the context of the Prisoner’s Dilemma (PD) game with varying stake sizes?
S. Polachek, K. Romano, Ozlem Tonguc
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The Fashioning of the Homo Economicus (Economic Citizen): Reflections on Migration and Integration
Ethics and social welfareThis paper critically explores what is meant by integration and the expectations that come with it, and how the ‘right’ kind of economic citizen (homo economicus – defined as the subject of neoliberalism) gets produced through social work practice with ...
Mary Goitom
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Predicting Electoral Behavior from Homo Economicus in Contemporary Europe
International Conference on Information, Intelligence, Systems and ApplicationsEconomy and financial indicators, such as inflation or unemployment, are always high-priority issues in the political agenda for both candidates and voters.
Maria Tolika +3 more
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Psychological Science, 2014
Homo economicus, a model for humans in neoclassical economics, is a rational maximizer of self-interest. However, many social scientists regard such a person as a mere imaginary creature. We found that 31 of 446 residents of relatively wealthy Tokyo suburbs met the behavioral definition of Homo economicus.
Toshio, Yamagishi +4 more
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Homo economicus, a model for humans in neoclassical economics, is a rational maximizer of self-interest. However, many social scientists regard such a person as a mere imaginary creature. We found that 31 of 446 residents of relatively wealthy Tokyo suburbs met the behavioral definition of Homo economicus.
Toshio, Yamagishi +4 more
openaire +2 more sources
East European Politics and Societies, 2020
Whereas both classical and neoclassical economists based their theories on a static psychology of self-maximizing rationality that facilitated the formulation of universal economic laws, Marx proposed instead an evolutionary understanding of the human ...
Brian Porter-Szűcs
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Whereas both classical and neoclassical economists based their theories on a static psychology of self-maximizing rationality that facilitated the formulation of universal economic laws, Marx proposed instead an evolutionary understanding of the human ...
Brian Porter-Szűcs
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Goodbye labouring man, long live homo economicus: the new precarity in the world of work
, 2020This article investigates distinctiveness of work-related precarity in neoliberal orders by pursuing two main arguments. First, precarity prevailed in pre-welfare state capitalist and current era display marked similarities regarding political ideas and ...
Didem Özkiziltan
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2004
The awarding in October of 2002 of the Nobel Memorial Prize in Economics 1 Technically the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, established in 1968.1 to Daniel Kahneman and Vernon Smith might have profound implications for the survival of Homo economicus, which has long occupied a privileged place in the minds of ...
C.Athena Aktipis, Robert O. Kurzban
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The awarding in October of 2002 of the Nobel Memorial Prize in Economics 1 Technically the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, established in 1968.1 to Daniel Kahneman and Vernon Smith might have profound implications for the survival of Homo economicus, which has long occupied a privileged place in the minds of ...
C.Athena Aktipis, Robert O. Kurzban
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A Challenge to Homo Economicus: Behavioral Economics
, 2020Neoclassical economics is the mainstream economic paradigm of the present era and has certain assumptions such as rationality, perfect knowledge and unique equilibrium.
H. I. Alkan
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Are people with high psychoticism the true homo economicus?
, 2020Homo Economicus behaves rationally, maximizing his own utility over that of the group. The relationship with non-prosocial behavior seems clear. This behavior, typical of people with high psychoticism, could affect their decision-making.
R. Lopez +3 more
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