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The economic agent as rule maker and rule user: Homo Sapiens Oeconomicus

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  • Kurt Dopfer

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Abstract

The paper discusses the micro foundations of evolutionary economics, introducing a unified concept of the economic agent as a rule maker and rule user. Based on recent findings of the neuronal, cognitive and behavioral sciences, Homo Sapiens Oeconomicus emerges as an alternative to Homo Oeconomicus. A taxonomy of rules distinguishing between cognitive, behavioral and blueprint rules and a set of theoretical propositions related to the structure and evolution of those rules are suggested. Copyright Springer-Verlag Berlin/Heidelberg 2004

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File URL: http://hdl.handle.net/10.1007/s00191-004-0189-9
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Bibliographic Info

Article provided by Springer in its journal Journal of Evolutionary Economics.

Volume (Year): 14 (2004)
Issue (Month): 2 (06)
Pages: 177-195

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Handle: RePEc:spr:joevec:v:14:y:2004:i:2:p:177-195

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Related research

Keywords: Micro foundations of economics; Homo Sapiens Oeconomicus; Evolution; Rules; Cognitive; behavioral and neuronal economics;

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Cited by:
  1. Dopfer, Kurt & Potts, Jason, 2010. "Why evolutionary realism underpins evolutionary economic analysis and theory: A reply to Runde's critique," Journal of Institutional Economics, Cambridge University Press, vol. 6(03), pages 401-413, September.
  2. António Madureira & Nico Baken & Harry Bouwman, 2011. "Value of digital information networks: a holonic framework," Netnomics, Springer, vol. 12(1), pages 1-30, April.
  3. Thomas Grebel, 2012. "Network evolution in basic science," Journal of Evolutionary Economics, Springer, vol. 22(3), pages 443-457, July.
  4. Wäckerle, Manuel, 2013. "On the bottom-up foundations of the banking-macro nexus," Economics Discussion Papers 2013-5, Kiel Institute for the World Economy.
  5. Kurt Dopfer & Jason Potts, 2004. "Evolutionary realism: a new ontology for economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 11(2), pages 195-212.
  6. Jason Potts, 2009. "Why creative industries matter to economic evolution," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 18(7), pages 663-673.
  7. Grebel, Thomas, 2009. "Technological change: A microeconomic approach to the creation of knowledge," Structural Change and Economic Dynamics, Elsevier, vol. 20(4), pages 301-312, December.
  8. Caroline Gerschlager, 2012. "Agents of change," Journal of Evolutionary Economics, Springer, vol. 22(3), pages 413-441, July.
  9. Wach, Krzysztof, 2010. "Od człowieka racjonalnego do emocjonalnego. Zmiana paradygmatu nauk ekonomicznych
    [From a Rational to an Emotional Human Being. The Change of the Paradigm in Economic Sciences]
    ," MPRA Paper 31610, University Library of Munich, Germany.
  10. Muñoz, Félix-Fernando & Encinar, María-Isabel & Cañibano, Carolina, 2011. "On the role of intentionality in evolutionary economic change," Structural Change and Economic Dynamics, Elsevier, vol. 22(3), pages 193-203, September.
  11. Zawojska, Aldona, 2010. "Homo agricola considered as homo economicus and homo politicus," IAMO Forum 2010: Institutions in Transition – Challenges for New Modes of Governance 52709, Leib­niz Institute of Agricultural Development in Central and Eastern Europe (IAMO).
  12. Welsch, Heinz & Kühling, Jan, 2010. "Pro-environmental behavior and rational consumer choice: Evidence from surveys of life satisfaction," Journal of Economic Psychology, Elsevier, vol. 31(3), pages 405-420, June.
  13. Corradi, A.A., 2014. "The building blocks of a resource-based theory of business start-ups," ISS Working Papers - General Series 51040, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
  14. Foster, Michele M. & Earl, Peter E. & Haines, Terry P. & Mitchell, Geoffrey K., 2010. "Unravelling the concept of consumer preference: Implications for health policy and optimal planning in primary care," Health Policy, Elsevier, vol. 97(2-3), pages 105-112, October.
  15. Kevin Maréchal & Hélène Aubaret-Joachain & Jean-Paul Ledant, 2008. "The influence of Economics on agricultural systems: an evolutionary and ecological perspective," Working Papers CEB 08-028.RS, ULB -- Universite Libre de Bruxelles.
  16. Kurt Dopfer, 2013. "Economics with a Phylogenetic Signature," Papers on Economics and Evolution 2013-06, Philipps University Marburg, Department of Geography.
  17. Scheltjens, Werner, 2008. "The impact of a new port on the organization of maritime shipping: an attempt to generalize the results of a case-study on the foundation of St. Petersburg and its influence on Dutch maritime shipping," MPRA Paper 9054, University Library of Munich, Germany, revised 20 Apr 2008.
  18. Kevin Maréchal, 2008. "An evolutionary perspective on the economics of energy consumption: the crucial role of habits," Working Papers CEB 08-012.RS, ULB -- Universite Libre de Bruxelles.

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