EconPapers    
Economics at your fingertips  
 

A Rational Irrational Man

Alexander Harin ()

Public Economics from EconWPA

Abstract: A man is a key subject of economics and economic theory. “A man is irrational” - this opinion can be made from Allais paradox, risk aversion and other well-known fundamental problems. For a long time, this opinion was a barrier to proper solution of these problems and the development of the economic theory. A radically new approach has been proposed. It considers arrangement infringement possibility as a quite different source of such problems. It opens a quite different way to solve them and remove this barrier. It helps economists to open new and rediscover old fields and trends for the research.

Keywords: “non-ideal” economics; risk; market; bank; industry; development (search for similar items in EconPapers)
JEL-codes: C C7 D81 G11 G22 H O (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-fin, nep-hpe, nep-pbe and nep-upt
Date: 2005-11-09
Note: Type of Document - pdf
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://econwpa.repec.org/eps/pe/papers/0511/0511005.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwppe:0511005

Access Statistics for this paper

More papers in Public Economics from EconWPA
Series data maintained by EconWPA ().

 
Page updated 2017-05-22
Handle: RePEc:wpa:wuwppe:0511005