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

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  • Kurt Dopfer

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

Suggested Citation

  • Kurt Dopfer, 2004. "The economic agent as rule maker and rule user: Homo Sapiens Oeconomicus," Journal of Evolutionary Economics, Springer, vol. 14(2), pages 177-195, June.
  • Handle: RePEc:spr:joevec:v:14:y:2004:i:2:p:177-195
    DOI: 10.1007/s00191-004-0189-9
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