Solution-Key characteristics of rational economic man

Key characteristics of rational economic man

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Today's mainstream economists speak of "rational economic man" as the fundamental character of people, immutable across time and space, and the foundation of economic activity. Key characteristics of "rational economic man" are atomism, egoism, and rationality.

Describe each of these concepts. Then discuss whether these concepts apply across time and space, and if not, describe what the implications for today's mainstream economic thought might be.

Reference no: EM13946073

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Key characteristics of rational economic man : Today's mainstream economists speak of "rational economic man" as the fundamental character of people, immutable across time and space, and the foundation of economic activity. Key characteristics of "rational economic man" are atomism, egoism, a..

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Key characteristics of rational economic man

Reference no: EM13946073

Reference no: EM13946073

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