economics

Why would people attack the assumption of homo economicus?

Can anyone please explain to me?Thanks a lot!

  1. 👍 0
  2. 👎 0
  3. 👁 49
asked by kk
  1. Because many people choose lives that have little to do with commerce, accumulation of material goods, etc. Think of certain religious orders: the focus is on other aspects of life besides the economic. Models of economic behavior are imperfect because what motivates people isn't always the same thing.

    1. 👍 0
    2. 👎 0
    posted by Joe

Respond to this Question

First Name

Your Response

Similar Questions

  1. Biology Answer Check

    Which of the following describes the classification of humans? A. The genus Homo and the species sapiens B. The phyla Homo and the species sapiens C. The family sapiens and the genus Homo D. The class sapiens and the genus Homo i

    asked by Jasmin on October 25, 2015
  2. SCIENCE

    Which of the following tissues would send a message to the brain indicating that someone has touched something hot? A. Epithelial tissue B. Nervous tissue C. Muscle tissue D. Connective tissue i think its B Which of the following

    asked by manny on October 25, 2015
  3. math

    Let's say you are standing on top of a mountain looking down at the valley below, where you can see cars driving on a road. You stretch out your arm, use your thumb to "sight" a car, and find that the car appears to be as long as

    asked by Chelsea on November 11, 2012
  4. Biology

    In pea plants, the allele for tall (T) is dominant to the allele for short (t). Which of the following is the percent of offspring that will be tall if a heterozygous plant (Tt) is crossed with a homozygous tall plant? A. 100% B.

    asked by samantha on October 25, 2015
  5. science

    i just want to know if my answeres are correct! A.The problem = the main issue or subject being in vestigated in the study B.a method=a procedure, process, or approach used to investigate the problem C.a finding=a proven result

    asked by kayci on May 12, 2010
  6. science someone please check my answers

    i just want to know if my answeres are correct! A.The problem = the main issue or subject being in vestigated in the study B.a method=a procedure, process, or approach used to investigate the problem C.a finding=a proven result

    asked by kayci on May 12, 2010
  7. chemistry

    Is there a relationship between HOMO & LUMO and bonding & antibonding? Explain.

    asked by J on April 18, 2011
  8. maths

    please help!! i have obtained the equation of the regression line for a previous question which is: y=62.4+0.663x i had to use this to calculate the residual of a patient whose blood level was 142mg two days after a heart attack

    asked by Anonymous on June 1, 2007
  9. statistics

    Does lovastatin reduce the risk of heart attack? In a Texas study, researchers gave lovastatin to 2,325 people and an inactive substitute to 2,081 people. After 5 years, 57 of the lovastatin group had suffered a heart attack,

    asked by G. on June 19, 2008
  10. chemistry

    Using the PM3 semiempirical method in HyperChem, treat planar napthalene. First build the molecule, choose SemiEmpirical methods and PM3, and perform a Geometry Optimization. Look in the "Compute>Orbitals" menu to determine the

    asked by muneer on April 22, 2013

More Similar Questions