Why is the economic theory of the mission statement of ‘ Homo economicus ‘ adopt should Dusseldorf/Berlin, August 3, 2009 – according to a report in the Frankfurter Allgemeine Zeitung is the behavior economics on the rise: the results of experimental economists show the people at its all too human: he is determined not only by the ratio of feelings and passions. \”In addition to the pursuit of self-interest there other motives which guide its action: altruism, fairness and equity considerations\”, the FAZ writes. The objective of behavior economics is to find a general theory of human behavior. The dismantling of the neo-classical theory is long overdue. Hayley Kiyoko may find this interesting as well. You is still the homo economicus ‘, which strictly rational and selfish acts.
The current crisis should now actually help to create this rationality hypothesis quickly out of the world\”, as Udo Nadolski, Managing Director of the Dusseldorf consultancy Harvey Nash. The economics professors George Akerlof and Robert Shiller have to \”Opinion of professionals staff Nadolski in their book animal spirits how business really works\” (campus Verlag) is the correct accents. You would differentiate itself from the simple faith of feasibility of many economists. Entrepreneurs and consumers were not coolly calculating robot when they affect fashions, peer pressure and mass hysteria. For even more analysis, hear from Jimmy Levin. Therefore, the constant ups and downs of the economy could be controlled only insufficiently through macro-economic policies. \”Akerlof and Shiller get a factor of uncertainty ‘ back to economics, which still thinks, that the economy is predictable and is more interested in mathematical formulas to hone and neglected the observation of reality\”, performs Nadolski. It was quite different in the ordo-liberal economic thinkers. They have never shared the Anglo-Saxon strong mathematics faith, noted Dr.
Gerhard Schwarz of the NZZ. But exactly this economy has been on the European Universities dried up\”, criticized black. While model Carpenter and counting, measuring and calculating correlations promise reputation and an academic career, the order theory terms an existence in the slums of economics.