Homo Economicus

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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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No obstante, los economistas en general creimos piamente en la correcta representacion del hombre comun (Homo-sapiens) por medio del Homo-economicus.
Aunque elegir los COP $100 mil inmediatamente es la respuesta mas comun, es una eleccion "errada", si la comparamos con la decision del agente racional u Homo-economicus. El Homo-economicus o Econ reconoceria inmediatamente que una tasa de retorno de 50% es superior a cualquier retorno del mercado y, por tanto, su decision racional seria esperar un mes por los COP $150 mil.
En este sentido, el homo-economicus, Econ o agente racional, como Dorian Gray, esta condenado finalmente a enfrentar la realidad, los hechos, contrastarse con datos.
En líneas generales el trabajo puede dividirse en dos partes bien diferenciadas: en la primera parte se identificarán las características desde la Teoría del Consumidor Neoclásica de un Agente Económico Representativo u Homo-Economicus y se señalan las críticas a los supuestos subyacentes; en la segunda parte se desarrollarán de manera resumida las ventajas de incorporar en la definición de agente económico las características del hombre (Dasein) desde la concepción de Heidegger, en palabras del propio filósofo: "Las diversas disciplinas muestran hoy por doquier la tendencia a establecer nuevos fundamentos para su investigación." [Heidegger, M.
De hecho, la descripción realizada por Rubinstein del Consumidor Racional u Hombre Económico (Homo-Economicus) y que actualmente se corresponde con la enseñada en los cursos de microeconomía de las carreras de economía, comienza a conformarse con la Revolución Marginalista.
Retomando la perspectiva histórica se pueden identificar un conjunto de críticas a los supuestos que subyacen en el Homo-Economicus, la mayor parte de ellas puede profundizarse en Boldeman (2007):
Relying on the assumption of homo-economicus as an accurate portrayal of man, classic liberals envisage a world in which--rather than a state of literal and physical war--men are free to rationally and ruthlessly compete in the marketplace under the governance of natural market laws.
by use of reason.' (99) This assertion of the self saw the coming-of-age of homo-economicus, with the revolution not only won by the bourgeoisie, (100) but also formative of the bourgeoisie (101) as a distinct class with interests of its own.
Facing this limited and axiomatized vision of the consumer, product of the successive mathematical refinements that began with the Marginal Revolution at the end of the XIX century, opposes an alternative consumer definition, based in Heidegger's philosophy, in which it tries to replace, in principle from the theoretical point of view, the Homo-Economicus for a Dasein-Economicus, i.e.
In general the paper can be divided in two well differentiated parts: in the first part the characteristics will be identified from the Neoclassical Consumer Theory of Representative Economy Agent or Homo-Economicus and the critics are indicated to the underlying assumptions; in the second part the advantages will be developed in a summarized way to incorporate in the definition of economy agent the characteristics of man (Dasein) from Heidegger's conception, in the words of the philosopher himself: " the diverse disciplines show everywhere the tendency today to establish new foundations for their research." [Heidegger, M.
Homo-economicus occupies centre stage and, following Brennan and Lomasky (1993), homo-economicus can be described by three axioms: (a) that the individual is rational; (b) that the individual is egoistic; (c) that egoism takes the form of economic self-interest in narrowly defined terms (i.e.
For some time, it has been clear that the predicted behavior of homo-economicus is not the behavior of individuals in experimental economics.