economic man


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economic man

(ECONOMICS) the IDEALTYPE conception of the ‘rational economic actor’, in which the individual is assumed to seek to maximize his or her returns (satisfaction, UTILITY, profit) from economic activity No assumption need be made that, in reality, the actor always does actually aim at, or, still less, succeed in such maximizing activity. Rather, the ideal type allows the construction of rational models of economic behaviour, so that departures from such a rational model can be studied. In sociology many of Max WEBER's ideal types are posited as departures from rational types of behaviour, e.g. see TYPES OF SOCIAL ACTION.
References in periodicals archive ?
The famous first sentence of the book puts the lie to Marcal's straw economic man of Smith: "How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it.
Mill's economic man is a deliberately simplified abstraction based off reductionist impulses common to early modern science.
41) Jeffrey Sklansky, From Economic Man to Social Self: Market Society and Selfhood in American Thought, 1820-1920 (Chapel Hill, NC: University of North Carolina Press, 2002).
approach of economic man, but a world of cockroach-shaped chocolate is
On abstracting, is it rational to rely so completely on rational and self-serving economic man, and are values or ideology hidden within the rational structure of economic theory?
Homo economicus, the economic man, relies on a non-existent person: it cannot explain how we manage contradictions in our desires, and their immeasurability.
Two gender papers review feminist criticisms of the mainstream concept of the rational economic man and the history of feminist engagement with social reproduction.
Herbert Simon (1955, 1957, 1958, 1960, 1963, 1972, 1976, 1979) made it clear that this schematized model of rationality and the economic man is divorced from reality.
Her book The Only Sex - Why You're Seduced by Economic Man and How it Destroys Your Life and the World Economy was published in Sweden by Albert Bonniers Forlag.
I then situate the lecture according to the different types of feminism that are identified in Feminist Economics (Ferber and Nelson Beyond Economic Man : Feminist Theory and Economics): where Feminist Economics may catch hold of Duflo's lecture, it is not clear that Duflo is catching hold of Feminist Economics.
a moral hector who, looking over the shoulder of the economic man, scrutinizes every move he makes" and is a source of "self-denial .
With relative prosperity resulting largely from high oil prices, a demanding and politically aware "middle class" had emerged, apparently confirming certain theories concerning Economic Man.