 Repere ale raţionalităţii limitate în ştiinţa economicăHighlights of bounded rationality in economicsMPRA Paper from University Library of Munich, Germany Abstract: As stated also in the title of the paper, the analysis proposed is contrary to normative microeconomics. Therefore, we do not intend to analyze the individuals, with the intent to show if they behave correctly or wrongly, economically speaking.Our intention is to follow the logic of the individuals that act in the economic markets, led by their own rationality and the way they manage to became aware of their needs.The purpose of the paper is to determine the necessary degree of rationality so as the expectations of the individuals match the results of their actions in order to fulfill hierarhically their needs. In this matter, we will explain why Sen and Kekes are mistaken when they tie some of needs to products.We will analyze the needs, same as the institutions that pass the test of time and belong firstly to the modern individual. The thing that modifies and can be linked to products is the level of satisfaction and the standard to which these needs are satisfied. Keywords: rationalitate; irationalitate; raţionalitate limitată; comportament raţional; acţiune; nevoi (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:44297 Access Statistics for this paper More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.