The Exploring Human

Christo A. Pirinsky ()
Additional contact information
Christo A. Pirinsky: University of Central Florida, Business Administration and Finance

Chapter 13 in A Theory of Dynamic Preferences, 2026, pp 183-193 from Springer

Abstract: Abstract Building on recent advances in biology, neuroscience, and psychology, this book develops а behavioral framework centered around the important role of exploration and self-discovery. This chapter summarizes how the exploration-centered view on individual behavior could provide insights into numerous phenomena, such as biased perceptions, inconsistent preferences, irrational behavior, economic (hyper)activity, the nature-versus-nurture debate, and free will. When exploration is exogenously fixed, individual choices could be reduced to a static utility function. Such situation would naturally emerge when the environment is relatively simple and stable. In this case, primary preferences would stabilize over time toward an optimal level. However, when the environment changes unpredictably, exploration becomes an important factor for survival.

Keywords: Behavioral biases; Competition; Economic activity; Free will; Inconsistent preferences; Irrationality; Nurture versus nature; Product differentiation (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-032-13334-2_13

Ordering information: This item can be ordered from
http://www.springer.com/9783032133342

DOI: 10.1007/978-3-032-13334-2_13

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().