Narrow search
Showing 1 - 10 of 1,106
Cover Image
From economic behaviour to bahavioural economics
Diacon, Paula-Elena - In: Acta Universitatis Danubius / Oeconomica 10 (2014) 1, pp. 171-180
Persistent link: https://www.econbiz.de/10010402212
Cover Image
Zur ökonomischen Verhaltenstheorie: Grundlagen, Kritik, Alternativen - Eine Orientierung für Studierende
Kapeller, Jakob - 2022
Dieser kurze Text bietet eine kursorische Einführung in die klassische ökonomische Verhaltenstheorie, die auf der Kunstfigur des homo oeconomicus beruht. Es wird versucht die konzeptionellen Grundlagen des Modells darzulegen, die wesentlichen Intuitionen des Modells zu vermitteln und zentrale...
Persistent link: https://www.econbiz.de/10013257624
Cover Image
Zur ökonomischen Verhaltenstheorie: Grundlagen, Kritik, Alternativen : eine Orientierung für Studierende
Kapeller, Jakob - 2022
Dieser kurze Text bietet eine kursorische Einführung in die klassische ökonomische Verhaltenstheorie, die auf der Kunstfigur des homo oeconomicus beruht. Es wird versucht die konzeptionellen Grundlagen des Modells darzulegen, die wesentlichen Intuitionen des Modells zu vermitteln und zentrale...
Persistent link: https://www.econbiz.de/10013209635
Cover Image
The standard model of rational risky decision-making
Falahati, Kazem - In: Journal of risk and financial management : JRFM 14 (2021) 4, pp. 1-22
Expected utility theory (EUT) is currently the standard framework which formally defines rational decision-making under risky conditions. EUT uses a theoretical device called von Neumann-Morgenstern utility function, where concepts of function and random variable are employed in their...
Persistent link: https://www.econbiz.de/10012520657
Cover Image
The economic behavior of human beings : the institutional/post-Keynesian model
Fernández-Huerga, Eduardo - In: Journal of economic issues : jei 42 (2008) 3, pp. 709-726
Persistent link: https://www.econbiz.de/10003763155
Cover Image
Suboptimal choices and the need for experienced individual well-being in economic analysis
Hsee, Christopher K.; Rottenstreich, Yuval; Stutzer, Alois - 2012
Standard economic analysis assumes that people make choices that maximize their utility. Yet both popular discourse and other fields assume that people sometimes fail to make optimal choices and thus adversely affect their own happiness. Most social sciences thus frequently describe some...
Persistent link: https://www.econbiz.de/10009530682
Cover Image
Rationality – What? Misconceptions of Neoclassical and Behavioral Economics
Rizzo, Mario J. - 2017
Both behavioral and neoclassical economists maintain a concept of strict rationality that is exceptionally narrow … the technical virtues of strict, narrow rationality in providing a foundation for useful economics constructs, it is … completely inadequate as a prescriptive standard. The appropriate concept of rationality for evaluation purposes must be “liberal …
Persistent link: https://www.econbiz.de/10012961724
Cover Image
Consumer Choice Rule While Examing Similar Consumption Bundles : Rational Choice to Behavioural Bias
Vikramaditya, Vibhu - 2021
The study tries to recognize the behaviour of the consumer with respect to the opportunity cost and marginal benefit associated with the commodity. The research tries to evaluate the factors and identify behavioural traits of consumers if they exist in decision making. The study also tries to...
Persistent link: https://www.econbiz.de/10013237102
Cover Image
Homo Economicus and Homo Stramineus
Hudik, Marek - 2015
The model of Homo economicus has often been criticized as unrealistic. In particular, it has been found lacking for allegedly assuming that people are selfish, an assumption which is contradicted by both introspection and empirical evidence. The aim of this paper is to show that never in the...
Persistent link: https://www.econbiz.de/10013036487
Cover Image
Consumer Choice Rule While Examining Similar Consumption Bundles : Rational Choice to Behavioral Bias
Vikramaditya, Vibhu - 2021
The study tries to recognize the behavior of the consumer with respect to the opportunity cost and marginal benefit associated with the commodity. The research tries to evaluate the factors and identify behavioral traits of consumers if they exist in decision making. The study also tries to...
Persistent link: https://www.econbiz.de/10013245656