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Exploration of Economic Behavior and Rationality: integrating Behavioral Economics and Praxeology

Behavior & Law Journal
The purpose of this article is to present, delimit, and integrate the proposals of economic behavior and behavioral economics, including their axioms, heuristics, and biases, to advance research in this field. The article recommends applying first economic and then psychological issues, in that strict order, for epistemological, legal and practical ...
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From Wald to Savage: homo economicus becomes a Bayesian statistician [PDF]

Bayesian rationality is the paradigm of rational behavior in neoclassical economics. A rational agent in an economic model is one who maximizes her subjective expected utility and consistently revises her beliefs according to Bayes’s rule.
Giocoli, Nicola
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Homoeconomicus: the ultimate representative of rational economic behavior

International Journal of Social Sciences and Education Research, 2019
Homoeconomicus is the top player of economics. Economic theoretical insights, models, approaches and frameworks are built upon homoeconomicus also known as economic human. In order to act consistent with the theory and not to violate its basic tenets, homoeconomicus is equipped with some spesific characteristic properties.
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NON-FARM LABOR SUPPLY: THEORY AND ESTIMATION [PDF]

During the last decade considerable research has been carried out on the non-farm labor supply of farm households. New insights and hypotheses on the economic behavior of households, known as "new home economics," and progress in applying more ...
Gebauer, Rolf H.
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(WP 2020-01) The Sea Battle Tomorrow: The Identity of Reflexive Economic Agents [PDF]

, 2020
This paper develops a conception of reflexive economic agents as an alternative to the standard utility conception, and explains individual identity in terms of how agents adjust to change in a self-organizing way, an idea developed from Herbert Simon ...
Davis, John B.
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Social Interactions and Economic Behavior [PDF]

This paper is a critical introduction to the new wave of economic literature on the effect of social interactions on individual behavior and aggregate economic outcomes.
Giulio Zanella
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Imperfect Knowledge Economics: Exchange Rates and Risk [PDF]

Posing a major challenge to economic orthodoxy, Imperfect Knowledge Economics asserts that exact models of purposeful human behavior are beyond the reach of economic analysis.
Michael D. Goldberg, Roman Frydman
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What to Expect when you are Expecting Rationality: Testing Rational Expectations using Micro Data [PDF]

This paper tests the Rational Expectations (RE) hypothesis regarding retirement expectations, controlling for sample selection, reporting biases, and unobserved heterogeneity.
Debra S. Dwyer, Hugo Benítez-Silva
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PEASANT ECONOMIC CALCULATION AND THE HOUSEHOLD ECONOMY IN IMPERIAL GERMANY

Essays in Economic and Business History, 1999
Revisionist accounts of Imperial Germany, in stressing the progressive, rational, side to German agricultural development, have underestimated the degree to which older habits of peasant calculation continued to inform small and medium-scale enterprise ...
John Abbot
doaj  

Economic Behaviors of Street Vendors in Makassar Traditional Markets [PDF]

, 2015
: This paper aims to explore the considerations behind the economic behavior of street vendors in traditional markets at Makassar, by employing qualitative research design.
Tahir, Thamrin
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