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An Economic Approach To The Self: The Dual Agent

Aïleen Lotz ()

Working Papers from HAL

Abstract: This paper extends the notion of the rational agent in economics by acknowledging the role of the unconscious in the agent's decision-making process. It argues that the unconscious can be modelled by a rational agent with his own objective function and set of information. The combination of both the conscious and unconscious agents is called the dual agent. This dual agent presents rationally biased behaviors that may persist through aggregation and could be potentially measured. It also provides a theoretical approach to the emotionally-driven actions.

Keywords: dual agent; conscious and unconscious; rationality; multi-rationality; emotions; choices and preferences; multi-agent model; consistency (search for similar items in EconPapers)
Date: 2019-10-13
New Economics Papers: this item is included in nep-evo, nep-hme, nep-hpe, nep-ore and nep-upt
Note: View the original document on HAL open archive server: https://hal.science/hal-02314663
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Related works:
Working Paper: An Economic Approach to the Self: the Dual Agent (2011) Downloads
Working Paper: An Economic Approach to the Self: the Dual Agent (2011) Downloads
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