Rational Economic Man og Bounded Rationality - Nogle betragtninger over rationalitetsbegrebet i økonomisk teori
AbstractAs a core element in economic theory we accept that economic agents behave rationally. They either maximize their profit or their utility. But is the behavior of the rational economic man really a realistic assumption? Or is Simon right when he argues that firms satisfy rather than maximize? In this paper we dis-cuss some aspects of bounded rationality and pose the question: Is this the way out? Uden på nogen måde at ville kompromittere mine kolleger, Tommy S. Poulsen og Eva Roth, skal jeg takke dem begge for kommentarer til en tidligere version at dette papir.
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Bibliographic InfoPaper provided by University of Southern Denmark, Department of Environmental and Business Economics in its series Working Papers with number 71/06.
Length: 40 pages
Date of creation: Sep 2006
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-11-18 (All new papers)
- NEP-HPE-2006-11-18 (History & Philosophy of Economics)
- NEP-UPT-2006-11-18 (Utility Models & Prospect Theory)
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