IDEAS home Printed from https://ideas.repec.org/p/smo/bpaper/023jpm.html
   My bibliography  Save this paper

From Homo Oeconomicus to Homo Praeventicus

Author

Listed:
  • Julia M. Puaschunder

    (The New School, Parsons School of Design, USA)

Abstract

Standard economic models primarily captured human beings to be rational utility maximizers in the homo oeconomicus model. Behavioral economics addressed human decision making fallibility in a wide range of studies including laboratory and field experiments as well as big data. The currently ongoing COVID-19 crisis now underlines the importance of a healthy work environment. The medicine of the future is believed to prevent diseases instead of just treating their consequences. There is an expected shift from modern medicine’s focus on acute treatment to address the inherently-underlying preventive measures that diseases would have a more favorable trajectory or are even avoidable at all. The homo praeventicus model may focus on preventing diseases and working in advance on favorable immune conditions that avert negative outbreaks of pandemics or determine a healthier state when falling sick. The homo oeconomicus offers as a remedy to chronic diseases and a reduction of a global cost escalation for medical care. Because we have to live with environmental burdens on our health, a change of direction towards prevention is recommended and the implementation of homo praeventicus models envisioned.

Suggested Citation

  • Julia M. Puaschunder, 2020. "From Homo Oeconomicus to Homo Praeventicus," Proceedings of the 19th International RAIS Conference, October 18-19, 2020 023jpm, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:bpaper:023jpm
    as

    Download full text from publisher

    File URL: http://rais.education/wp-content/uploads/2020/11/023JPM.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Julia M. Puaschunder, 2020. "On Freedom in the Artificial Age," Proceedings of the 16th International RAIS Conference, March 30-31, 2020 0011jp, Research Association for Interdisciplinary Studies.
    2. Julia M. Puaschunder, 2020. "Data Fiduciary in Order to Alleviate Principal–Agent Problems in the Artificial Big Data Age," World Scientific Book Chapters, in: Kashi R Balachandran (ed.), Information for Efficient Decision Making Big Data, Blockchain and Relevance, chapter 2, pages 41-90, World Scientific Publishing Co. Pte. Ltd..
    3. Julia M. Puaschunder & Dirk Beerbaum, 2020. "The Future of Healthcare around the World: Four indices integrating Technology, Productivity, Anti-Corruption, Healthcare and Market Financialization," Proceedings of the 18th International RAIS Conference, August 17-18, 2020 021jpmd, Research Association for Interdisciplinary Studies.
    4. Julia M. Puaschunder, 2019. "On Artificial Intelligence’s Razor’s Edge: On the Future of Democracy and Society in the Artificial Age," Proceedings of the 12th International RAIS Conference, April 3-4, 2019 5JP, Research Association for Interdisciplinary Studies.
    5. Julia M. Puaschunder, 2019. "Intergenerational Equity," Books, Edward Elgar Publishing, number 18843.
    6. Julia M. Puaschunder, 2017. "Global Responsible Intergenerational Leadership," Vernon Press Titles in Economics, Vernon Art and Science Inc, edition 1, number 251, July.
    7. Julia M. Puaschunder, 2019. "Artificial Intelligence Market Disruption," Proceedings of the 13th International RAIS Conference, June 10-11, 2019 01 JP, Research Association for Interdisciplinary Studies.
    8. Julia M. Puaschunder, 2018. "Nudgital: Critique of Behavioral Political Economy," Proceedings of the 9th International RAIS Conference on Social Sciences and Humanities, April 4-5, 2018 006, Research Association for Interdisciplinary Studies.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Julia M. Puaschunder & Martin Gelter & Siegfried Sharma, 2020. "COVID-19-Shock: Considerations on Socio-Technological, Legal, Corporate, Economic and Governance Changes and Trends," Proceedings of the 18th International RAIS Conference, August 17-18, 2020 011jpb, Research Association for Interdisciplinary Studies.
    2. Julia M. Puaschunder, 2020. "On Freedom in the Artificial Age," Proceedings of the 16th International RAIS Conference, March 30-31, 2020 0011jp, Research Association for Interdisciplinary Studies.
    3. Dirk Beerbaum & Maciej Piechocki & Julia M. Puaschunder, 2019. "Accounting Reporting Complexity Measured Behaviorally," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 56(4), pages 35-47, December.
    4. Julia M. Puaschunder, 2020. "Didemoversity: The Core of Democracy at the Heart of the Modern University," Scientia Moralitas Conference Proceedings 006jpm, Research Association for Interdisciplinary Studies.
    5. Julia M. Puaschunder, 2020. "Inequality in the 21st Century: Climate, Digital Skills and Access to Education," Scientia Moralitas Conference Proceedings 010jmp, Research Association for Interdisciplinary Studies.
    6. Julia M. Puaschunder & Dirk Beerbaum, 2020. "The Future of Healthcare around the World: Four indices integrating Technology, Productivity, Anti-Corruption, Healthcare and Market Financialization," Proceedings of the 18th International RAIS Conference, August 17-18, 2020 021jpmd, Research Association for Interdisciplinary Studies.
    7. Julia M. Puaschunder, 2016. "The Role of Political Divestiture for Sustainable Development," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 6(1), pages 76-91, March.
    8. Julia M. Puaschunder & Dieter Feierabend, 2020. "Ancient Legal Codes as Basis for Artificial Intelligence Regulations in the 21st Century," Scientia Moralitas Journal, Scientia Moralitas, Research Institute, vol. 5(1), pages 1-15, July.
    9. Julia M. Puaschunder & Martin Gelter, 2019. "On the Political Economy of the European Union," Proceedings of the 15th International RAIS Conference, November 6-7, 2019 001JP, Research Association for Interdisciplinary Studies.
    10. Julia M. PUASCHUNDER & Josef MANTL & Bernd PLANK, 2020. "Medicine of the Future: The Power of Artificial Intelligence and Big Data in Healthcare," RAIS Journal for Social Sciences, Research Association for Interdisciplinary Studies, vol. 4(1), pages 1-8, May.
    11. Julia M. Puaschunder & Dieter Feierabend, 2019. "Artificial Intelligence in the Healthcare Sector," Scientia Moralitas Journal, Scientia Moralitas, Research Institute, vol. 4(2), pages 1-14, December.
    12. Julia M. Puaschunder, 2019. "Mental Temporal Accounting," Proceedings of the 13th International RAIS Conference, June 10-11, 2019 014JP, Research Association for Interdisciplinary Studies.
    13. Julia M. Puaschunder, 2020. "The Future of Artificial Intelligence in International Healthcare: An Index," Proceedings of the 17th International RAIS Conference, June 1-2, 2020 003jp, Research Association for Interdisciplinary Studies.
    14. Julia M. Puaschunder, 2020. "The Future of the City after COVID-19: Digitionalization, Preventism and Environmentalism," ConScienS Conference Proceedings 020jpm, Research Association for Interdisciplinary Studies.
    15. Julia M. Puaschunder, 2018. "Climate in the 21st Century," Proceedings of the 8th International RAIS Conference, March 26-27, 2018 018, Research Association for Interdisciplinary Studies.
    16. Julia M. Puaschunder, 2022. "Advances in Socially Responsible Investments in Resilience Finance," RAIS Conference Proceedings 2022-2023 0167, Research Association for Interdisciplinary Studies.
    17. Julia M. Puaschunder, 2020. "The Green New Deal: Historical Foundations, Economic Fundamentals and Implementation Strategies," Proceedings of the 18th International RAIS Conference, August 17-18, 2020 006jpa, Research Association for Interdisciplinary Studies.
    18. Julia M. Puaschunder, 2020. "Environmental Justice," Proceedings of the 16th International RAIS Conference, March 30-31, 2020 0024jmp, Research Association for Interdisciplinary Studies.
    19. Lim, Jing Zhi & Toh, Mun-Heng & Xie, Taojun, 2022. "Impact of Digital Economy Agreements on ASEAN Development: Estimates from a CGE Model," Conference papers 333441, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    20. Julia M. Puaschunder, 2021. "Healthcare Dependent Multiplier," RAIS Conference Proceedings 2021 0113, Research Association for Interdisciplinary Studies.

    More about this item

    Keywords

    AI; Artificial Intelligence; Coronavirus; COVID-19; Discounting; Healthcare; Homo oeconomicus; Homo praeventicus; Medical care; Precautionary principle; Prevention; Trajectory;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:smo:bpaper:023jpm. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eduard David (email available below). General contact details of provider: http://rais.education/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.