<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The study intends to deliver a logical analysis of the well-known (and too much used) model of rationality named homo œconomicus. To this end, it is put into evidence the reductionism of the model (more, its cartesianism and mechanicism), by logically assessing the basic principle and the axioms and, also, the relaxations introduced over time. The paper gets the conclusion that economists tried successively to save the homo œconomicus model over time, but all these attempts did nothing but block the developments of the economic theory. Finally, the research organizes into a diachronic matrix the different ways in which economists actualized the genuine model in order to put it in line with the actual behaviour of the economic subject.</p></abstract>

The study intends to deliver a logical analysis of the well-known (and too much used) model of rationality named homo œconomicus. To this end, it is put into evidence the reductionism of the model (more, its cartesianism and mechanicism), by logically assessing the basic principle and the axioms and, also, the relaxations introduced over time. The paper gets the conclusion that economists tried successively to save the homo œconomicus model over time, but all these attempts did nothing but block the developments of the economic theory. Finally, the research organizes into a diachronic matrix the different ways in which economists actualized the genuine model in order to put it in line with the actual behaviour of the economic subject.

On the Homo Œconomicus Model of Rationality

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"On the Homo Œconomicus Model of Rationality"}

The study intends to deliver a logical analysis of the well-known (and too much used) model of rationality named homo œconomicus. To this end, it is put into...

On the Homo Œconomicus Model of Rationality

Publié en ligne: 16 sept. 2019

Pages: 20 - 30

DOI: https://doi.org/10.2478/sbe-2019-0022

Mots clés
homo œconomicus, model of rationality, cartesianism, logic

© 2019 Dinga Emil et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

On the Homo Œconomicus Model of Rationality

Publié en ligne: 16 sept. 2019

Pages: 20 - 30

DOI: https://doi.org/10.2478/sbe-2019-0022

Mots cléshomo œconomicus, model of rationality, cartesianism, logic

© 2019 Dinga Emil et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mots clés
homo œconomicus, model of rationality, cartesianism, logic