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El sujeto económico y la racionalidad en Adam Smith

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  • Vanesa Valeria D’Elia

    () (Universidad del CEMA)

Abstract

The assumption of rationality is central in current economic theory. This hypothesis is the pillar for the creation of the homo economicus of conventional theory. Starting with Adam Smith’s approach to rationality, the aim of this paper is to contribute to the discussion of the main characteristics of the individual underlying the rational man of economics and their implications for economic analysis. The meaning of rationality in several authors is reexamined and it is argued that the basis of Adam Smith’s work are still valid.

Suggested Citation

  • Vanesa Valeria D’Elia, 2009. "El sujeto económico y la racionalidad en Adam Smith," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 11(21), pages 37-43, July-Dece.
  • Handle: RePEc:rei:ecoins:v:11:y:2009:i:21:p:37-43
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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/vdelia21.pdf
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    References listed on IDEAS

    as
    1. Jorge M. Streb, 1998. "El Significado de Racionalidad en Economía," CEMA Working Papers: Serie Documentos de Trabajo. 139, Universidad del CEMA.
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    More about this item

    Keywords

    behavior; egoism; homo economicus;

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • D1 - Microeconomics - - Household Behavior

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