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Homo Economicus
(redirected from Rational Actors)

   Also found in: Wikipedia 0.01 sec.
Homo Economicus
A person that desires to maximize his/her needs or desires. Homo economicus is used most of the time to refer to the rational economic actor, who desires wealth, does not desire to work if it can be avoided, and is able to find ways achieve those ends. This assumption is accepted by many economists, especially those who follow rational choice theory, but it remains controversial. The concept of homo economicus was developed by utilitarian thinkers, and contrasts with the constructs of behavioral economics.


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Rational actors cannot exist without personal responsibility and the mixture of consequences and incentives to act.
Deterrence works against rational actors but not all actors that we will have to deal with in the future will be rational.
This line of argument pounds home a broader claim: Those who use terror are rational actors.
 
 
 
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