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Raţionalitatea în economie: de la homo oeconomicus la homo irationalis
[Rationality in Economics: from Homo Oeconomicus to „Homo Irationalis”]

Author

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  • Constantinescu, Radu

Abstract

The aim of the present paper is an attempt to build a scaffolding with the help of which, the concept of “rationality” will be explored from the philosophic and also economic point of view, with the purpose of highlighting that Econometrics and other purely quantitative scientific demonstrations are subject to serious errors. The starting issue is given by the usage of the "rationality" concept in the economic science, the way that it can change the result of the human action and also the risk of treating the rational as being irrational by only taking into account the results of a sole action.

Suggested Citation

  • Constantinescu, Radu, 2011. "Raţionalitatea în economie: de la homo oeconomicus la homo irationalis
    [Rationality in Economics: from Homo Oeconomicus to „Homo Irationalis”]
    ," MPRA Paper 33379, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:33379
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    File URL: https://mpra.ub.uni-muenchen.de/33379/1/MPRA_paper_33379.pdf
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    Cited by:

    1. Constantinescu, Radu, 2012. "Repere ale raţionalităţii limitate în ştiinţa economică
      [Highlights of bounded rationality in economics]
      ," MPRA Paper 44297, University Library of Munich, Germany, revised 08 Feb 2013.

    More about this item

    Keywords

    rationality; irationality; human action; homo oeconomicus; homo irationalis;

    JEL classification:

    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods
    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines

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