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The Limits and Further Developments of Homo Oeconomicus

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Economics as a Science of Human Behaviour

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Abstract

The concept of “homo oeconomicus” —as of any other scientific point of view—is characterized by particular strengths and weaknesses. This book has so far concentrated mainly on the advantages of applying the economic view of the world to various problem areas. This chapter now considers various limitations of the economic approach, distinguishing between (1) mistaken critique (2) warnings to be taken seriously, and (3) weaknesses to be improved upon.

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References

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Author information

Authors and Affiliations

  1. University of Zürich, Switzerland

    Bruno S. Frey

Authors
  1. Bruno S. Frey
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© 1999 Springer Science+Business Media Dordrecht

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Frey, B.S. (1999). The Limits and Further Developments of Homo Oeconomicus. In: Economics as a Science of Human Behaviour. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5187-4_9

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  • DOI: https://doi.org/10.1007/978-1-4615-5187-4_9

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-0-7923-8471-7

  • Online ISBN: 978-1-4615-5187-4

  • eBook Packages: Springer Book Archive

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