Towards a new conceptualization of the homo-economicus contributions to the consumer theory.
Fernandez, Rodrigo A.
INTRODUCTION
One should begin this paper with a concept of the philosopher
Mart��n Heidegger: "the true movement of sciences takes place
by the more or less radical revision (although it is not transparent in
itself) of the fundamental concepts." [Heidegger, M. 1926, p. 20]
(1) Which raises two aspects fundamental to understand the history of
any field of science, first that science is in movement and that it
evolves constantly and secondly that this evolution is consequence of
the revision of concepts that are often considered as fundamental stones
of science itself. The economy as a scientific activity is not apart
from this fundamental truth.
In the present paper a critical revision of some assumptions is
made that underlie in the Neoclassical Consumer Theory, specially those
referring to characteristics of the Economy Agent or Consumer, which is
identified in Literature, and throughout this paper also, as the
Homo-Economicus or Economy Man equipped with an extreme rationality and
a tendency towards the mathematical optimization in the consumption
decisions.
Facing this limited and axiomatized vision of the consumer, product
of the successive mathematical refinements that began with the Marginal
Revolution at the end of the XIX century, opposes an alternative
consumer definition, based in Heidegger's philosophy, in which it
tries to replace, in principle from the theoretical point of view, the
Homo-Economicus for a Dasein-Economicus, i.e. a consumer who should
incorporate Dasein's own characteristics, as done by Heidegger in
his paper.
In this paper one does not try to obtain an operationalization of
the concepts, nor a compatible formalization with the predominant one in
the mainstream, in other words it does not procure the axiomatic and
mathematical expression, characteristic of the Neoclassical Consumer
Theory, of the new concepts, but that such are evaluated from an
abstract and single point of view, and only the potential consequences
are considered to advance in this way.
In general the paper can be divided in two well differentiated
parts: in the first part the characteristics will be identified from the
Neoclassical Consumer Theory of Representative Economy Agent or
Homo-Economicus and the critics are indicated to the underlying
assumptions; in the second part the advantages will be developed in a
summarized way to incorporate in the definition of economy agent the
characteristics of man (Dasein) from Heidegger's conception, in the
words of the philosopher himself: " the diverse disciplines show
everywhere the tendency today to establish new foundations for their
research." [Heidegger, M. 1926, p. 20] (2)
And nevertheless, it is ill-fated that when Heidegger exemplifies
those disciplines that establish new foundations, he mentions
mathematics, physics, biology, history, theology, but not the economy.
DEVELOPMENT
What is an economy agent?
For the economists in general and the theoretical economists in
particular, the economy agent is the inhabitant of the economy models
and constitutes the basic unit of analysis for the study of the economy
behavior. The economy models are used in general for the study of the
behavior of the agents, and the form in which these are related among
themselves.
In education, and even in practice, from the economy the criterion
usually is adopted to subdivide the economy in two great approaches:
Microeconomics and Macroeconomics. As clarified by Foley (December
2002), while Microeconomics Approach requires directly and immediately
the conceptualization of an economy agent, i.e. the individual who makes
his decisions, the Macroeconomy Approach also requires that the
relationship between the behavior of the economy agents and the added
information be explained. Gonzalez (2004) proposes directly that the
dichotomy is not pertinent, between micro and macro, and indicates its
epistemological consequences, as well as the lack of consistency between
the individual election and the social one understood as the aggregation
of individual elections.
On the other hand, in the mentioned Microeconomic Approach, the
economy agent is characterized by Rubinstein (2006) as the unit that
responds to a scene denominated of the Election Problem, in which the
agent must select some variant of a set of available alternatives,
following a process that allows him to analyze and to evaluate all the
alternatives available, which is called Rational Election. Thus, the
same author indicates that far from looking for in the presentation of
the model a foundation for the recommendation of economy policies, the
theoretical model fulfills the mere role to constitute: "... the
arena in which we research the concepts that we used while we thought on
the economy in real life". [Rubinstein, A., 2006, p. ix] (3)
In this arena called Consumer Theory, the economy agent, is limited
to decide the action to be done by means of a process in which:
* He asks himself: What is the desirable thing?
* He asks himself: What is the possible thing?
* He chooses the most desirable among the possible alternatives
One must clarify that the term Rational Election, does not imply
any type of judgment of value with respect to the alternative chosen by
the agent, but that it refers to the adjustment of means to the aims, as
clarified by G��mez (2002) when enumerating some of the
epistemological assumptions of the neoliberal economy: "To choose,
to decide and to act rationally, means to adopt the means suitable to
maximize the attainment of the objectives (assumption of the reduction
of human rationality to instrumental rationality, means-aims)."
[G��mez, R., 2002, p. 34] (4)
Homo-Economicus in historical perspective
From a very simplified historical perspective, it is not a surprise
the association between the assumptions that underlie to the economy
agent and the epistemological position caused by the founders of the
neoclassic model. In fact, the description made by Rubinstein of the
Rational Consumer or Economy Man (Homo-Economicus) and that at present
moment corresponds with what is taught in the microeconomic courses of
economy careers; begin to be satisfied with the Marginalist Revolution.
Considered historically as the period in which the Neoclassical
Approach of the Economy Theory is formalized, the Marginalist Revolution
begins between 1871 and 1874 in papers by William Stanley Jevons, Carl
Menger and Leon Walras. Nevertheless, it must be clarified that exactly
in its beginnings, even when the mathematical formalization of the
economy theory propitiated, the assumptions of the behavior of the
agents did not arise from an ad-hoc axiomatization, but of some
particular philosophical doctrine, for example in the case of Jevons of
Bentham's utilitarianism that proposed pleasure and pain as the
basic reasons that move the human acts, in the case of Walras the
philosophy of the natural right, or in the case of Menger his
Aristotelian formation that took him to the search of the essence of the
economy phenomena by means of a theoretical research with the objective
to produce exact or natural laws, to deepen these appreciations we
suggest reading Backhouse (1985).
Even though the philosophical sustenance of the assumptions is
undeniable on the agents in the origins of marginalism, the later
development of the economy concentrated in the solution of the problem
of the general balance would culminate in the Arrow-Debreu model, in
which it proceeds to the axiomatization of the Consumer Theory whose
canonical version can be found in Debreu (1959). As a consequence, this
new approach, concentrated in the individual consumer and his
preferences (that came in replacement of the usefulness concept), brings
prepared the abandonment and the forgetfulness of the Classic Approach
that estimated a society divided basically in three different social
classes: Workers, Capitalists and Landowners; which implied tacitly,
according to Foley's (2002), schematic version of the economy, that
the behaviors of the people could be understood as the behaviors of an
economy agent pertaining to some of the mentioned classes.
In this sense, from Foley's (2002), perspective with the
appearance of the Representative Economy Agent, product of the
marginalist revolution and the later evolution of the theoretical
economy itself, based on the use of the mathematical language, the
differences of classes with the consequent simplification in the
decision schemes are eliminated. Now the economy agent represents those
characteristics that were shared by all the people, in as much that all
men are to a certain extent workers who offer their work force, and in
greater or smaller measure they are also proprietors of some assets
which produce profits and/or landowners, becoming therefore the Economy
Agent a model on the scale of the whole society.
The Homo-Economicus as Consumer
In this scale model, the behavior of the representative agent was
synthesized in an only objective, which consisted basically of solving
an election problem.
Retaking the historical perspective it is possible to identify a
set of critics to the assumptions that underlie in the Homo-Economicus,
most of them can be deepened in Boldeman (2007):
* Methodological Individualism: according to which the explanations
of the economy phenomena can be reduced to the sums of the actions of
each one of their members, which would interact in a mechanical form,
determinists, and that therefore would be possible to express in
mathematical terms in the style of the Newtonian physics.
* Exogeneity Preferences: according to which, and as it is
specified in G��mez (2003), our desires are formed previously and
are independent of our economy activity. Another way to understand it is
to consider that in this assumption a reasoning of circular type is
hidden according to which the Preferences explain the behavior, which as
well is defined by the Preferences.
* Individuality of the Preferences: Also understood as the egoism
of the economy agent, in the most elementary positions of the neoclassic
theory, the preferences are derived from independent functions of
usefulness, in other words it is assumed that economy agents, equivalent
to Robinson Crusoe when he lived absolutely alone on the island. In this
sense, any type of interdependence of the earnings / preferences, as
well as the possibilities of tastes or preferences constructed sociall,
were prohibited
* Opposition between Preferences and Values: As commented in
G��mez (2003), in the neoclassic scheme of election one does not
consider the differentiation between absolute and relative necessities,
trivializing the decision of consumption in a mere election of goods
from absolutely personal and individual optics. On the other hand, in
Cohn (August 2000) they are mentioned among other critics as an excess
of over-simplification and the impossibility to consider the impact of
matters of gender in this model
* Instrumental Rationality: Equivalent to reduce the economy
problems to a susceptible optimization of mathematical treatment, in
particular this is translated in the Consumer Theory as a maximization
of the earnings. From this approach it would not be rational to act
according to the respect of moral values, if the election implied a
diminution of the personal utilities.
* Limitless Management of the Information: the agent was equipped
with certain abilities in the collection and prosecution with enormous
amounts of information, referred so much as to the prices of the goods
as to their characteristics or qualities. In fact studies on Conductist
Economy have demonstrated by means of empirical experimentation that the
supposed conditions for the resolution of the optimization problem are
not fulfilled in reality, therefore contradictions with respect to the
assumption can be read in Rabin (September 1996), usual related to the
symmetry of the preferences facing risks of loss and profit,
infeasibility of the theory of the earnings expected for the decision
under uncertainty, and other violations to the basic assumptions of the
consumer theory.
The question of the being in the Consumer Theory
Independently of the critics derived from the Conductist
Psychology/Economy, there exist sufficient reasons from a net
epistemological point of view to consider the necessity to redefine the
Economy Man, in as much and as soon as the underlying assumptions do not
comply exactly to the observable behavior of the man acting in economy
surroundings (nor experimental). Although it is possible to agree with
Moscati's (2003), affirmation, according to which the neoclassic
approach of the consumer theory does not abjure from realism, but that
it simply subordinates to the search of conceptual integrity and
preservation of its systematic and mathematical approach; the pretended
defense of the logic/mathematic approach, that would guarantee the
respect to scientific canons of the theory, would attempt against the
most elementary criteria of falseness.
In its attempt to construct a scientific economy, in the style of
natural sciences and especially of the Newtonian physics, the theory of
the consumer went on turning the Economy Man into the equivalent of the
Billiard Ball that moves in an infinite table and without friction. Thus
they ended up accepting a series of ontological assumptions, under the
thesis of the Methodological Individualism, in which the Economy Man is
isolated from all contact with other agents, and for which its decision
of consumption is based on a scheme of arrangement independent of the
other agents and also independent of the preferences of their own
actions (for example, economy activity) of the economy agent himself.
In order to exemplify the previous affirmation consider that the
preferences, or in colloquial terms the tastes, of the consumer must
satisfy a series of requirements, in mathematical terms they must
fulfill the completeness properties (that can compare any pair of goods
and decide if it prefers one of both or if they result indifferent)
transitivity (if it prefers X 1 to X 2 and prefers X 2 to X 3 then he
prefers X 1 to X 3 ) and symmetry (in the case of the two goods between
which the consumer is indifferent, it is valid as much that X 1 is
indifferent to X 2 because X 2 is indifferent to X 1. Without entering
details it is illustrative to consider what is estimated to fulfill with
these conditions implies thus for the consumer, in Debreu (1959) one can
read:
"The preorder of preferences of the i-th position consumer
completely expresses its tastes with respect to food, dress, housing...,
work and, also, with respect to the consumption in some date or place
over others. The preferences considered here do not take into account
the value from the resell of the merchandise; i-th position consuming is
not interested in them more than in the personal use of which it will
make them the object." [Debreu, G., 1959, p. 71] (5)
This axiomatization in which the preferences are considered as
clear, also considered as clear, the goods on which the consumer will
choose, to represent the position equivalent to the philosophy previous
to Heidegger's, and which is represented in the phrase:
"Entity everywhere and always at discretion. It's true. But
from where do we know that all this that we adduce and we enumerate with
such certainty, is in each case entity" [Carpio, A. 1984, p. 432]
(6)
In other words the axiomatization hides under the form of a
representative agent, who is the consumer, an only scheme of
representation or understanding of the consumer goods under the form of
a rational election process. Nevertheless, as Heidegger proposes:
"the explicit and transparent exposition of the question by the
sense of the being demands the previous and suitable exposition of a
being (of Dasein's) with regards to its being." [Heidegger,
M., 1926, p. 18] (7)
Perhaps it is the moment for asking the Consumer Theory itself if
it is not necessary to make an explicit and transparent of the
exposition question in the sense of the rational election, which will
derive in the previous and necessary exposition of a consumer with
regard to his election process. In as much the theoreticians of the
economy raise, that behind the election process by what is desirable and
possible, Heidegger's contribution is fundamental since according
to the philosopher the being which is man and what Dasein's calls
has exactly the possibility of the being which is to ask.
Behavior of the Economy Man and the Entity Being
Within the neoclassic consumer theory, one of the most controverted
aspects in terms of falseness is related to one of the most accepted
laws of the economy, the one that postulates the negative slope of the
demand curve, or in other words the negative or inverse relation between
price and amount. Mark Blaug says:
"It was Marshall that discovered the so called universal Law
of Deman, is unfortunately subject to a possible exception, i.e.,
Giffen's paradox, the case in which, expressing it in modern
language, the positive effect-rent of a variation in the price is so
great that it eliminates the negative substitution-effect generated by
such variation". [Blaug, M., 1980, p. 187] (8)
In this sense, it is interesting to point out that starting off
from a minimum set of axioms; the consumer theory can explain, from the
theory itself, the positive or negative curve, justifying the results in
terms of the magnitude of the effect-rent, which is to the practical
aims unobservable. On the other hand, these axioms are the base of the
behavior of the consumer, who would be in last instance, an implacable
rational classifier--of goods. It is evident that the excellent behavior
of consumer, for the theory, does not refer to the use of the goods but
the one called rational behavior, or as summarized by John Green:
"A supposed which impregnates the consumer behavior theories
which we are going to treat is that the consumers behave rationally.
Whatever the use that the economist gives the word 'rational'
it is a very special use; we see first what is understood by this term
... For the economist, rational behavior is a behavior according to a
systematic order of preferences." [Green, J., 1976, p. 24] (9)
Independently that the consumer derives earnings from the own
goods, in the consumer theory the excellent behavior is not respect to
the goods but to the process of election. In other words, the
relationship man--goods, or in philosophical terms the relationship
man--being, is also considered as given, as from there the consumer
theory is elaborated, and for that reason it is possible to be
understood in terms of the philosophy previous to Heidegger.
When Carpio (1984) affirms:
".. the important thing is that all man's behavior
depends on the 'being' whatever the entity: his attitude
varies according to talks about another man, or a god, or a landscape,
or
a business, or a hammer, or a symphony, and differs the behavior
because each one of these entities has a diverse form of
'being', because, the respective 'being' is
diverse". [Carpio, To, 1984, p. 432] (10)
In this paragraph one points out the overcoming implied by
Heidegger's conception as to the previous philosophy that set off
from the being, in which the philosopher called forgetfulness of the
being. One can then think in analogous way that in the neoclassic theory
there was also was a forgetfulness of the being or a forgetfulness of
choosing.
Characteristics of the goods and understanding-the being
One must emphasize, perhaps as an exception to this forgetfulness
of the being of the neoclassic theory, the contribution that Kevin
Lancaster makes to the theory of the consumer, when he establishes that
the important thing is not the goods in themselves but their
characteristics, or in other words the services that the goods offer the
consumers. As commented in Green (1971) Lancaster's dissatisfaction
with the consumer's traditional theory was that it explained in not
a very satisfactory way, for the persons' consumer preferences
appealing in last instance to the Deux ex machina, of the order of
preferences of the consumer, which will exhibit serious problems of
interpretation in those cases in which the introduction of new products
is wanted to be studied which would tend to destroy the preexisting
order and to modify it by a new one, without there being able to make
comparisons.
One of the advantages recognized by Lancaster is that in his
approach the common things are the called corner, by means of which the
reason would be explained by which the consumers choose to consume
something of some good and nothing of many other goods, incompatible
behavior with the assumption of strict convexity of the indifference
curves that as sure the possibility of obtaining unique inner solutions,
and whose empirical implication would be translated in which the agents
would tend to consume something (a little) of all the goods.
Another of the advantages recognized by Lancaster is the ones
derived from the stability of the preferences with respect to the
characteristics of the goods, in this sense Green (1976) says: "...
it is more likely than the preferences referred to the characteristics
change less through time, either by means of publicity, or by means of
others through time, than the preferences referring to the goods ...
"[Green, J., 1976, p. 172] (11)
The author's example is illustrative as to the functioning of
the characteristics:
".. Diverse toothpastes constitute a group of goods closely
related because those trade marks, and only they, offer the following
characteristics: prevention of dental decay and whitening of teeth... it
is clear that the characteristics offer a base to relate the goods among
themselves ..." [Green, J., 1976, p. 169] (12)
Even though Lancaster maintains the essential order of
consumers' preferences which defines itself on the characteristics,
would be incorporating in his approach aspects relative to the behavior
of the consumer and their relation with the goods.
In as much Lancaster advances on the form in which the consumers
understand (make sense of the use) of the goods realizes the equivalent
to the introduction of understanding the being of the consumers'
theory, and without referring Heidegger's philosophical categories,
he even raises it as a pre-ontological understanding, in as much as the
consumers would understand the useful-being, among other things, of each
good; and as Carpio (1984) says: "... because only on the base of
understanding-the-being, man can enter into relation to the entities,
and conceive them, and handle them ... "[Carpio, 1984, p. 433] (13)
From the Homo-Economicus to the Dasein-Economicus
Although Lancaster's approach opens new possibilities, as an
alternative to the traditional neoclassic consumer's approach
theory, it is possible to point out as a disadvantage that this approach
has had little later developing impact, and some critics allege that the
impossibility to measure the preferences in the traditional neoclassic
theory is replaced by the concept of characteristics with similar
disadvantages be they operative or measurable.
On the other hand, the disadvantages derived from the
methodological individualism, and specially the virtual isolation are
not solved either by the axiomatization of the Consumer Theory subject
the Economy Man, so that he can make his election of consumption in an
independent way of the elections of the other agents, nor on the impact
of the own goods consumed in the well-being of the other agents. A
phrase of Heidegger (1926) is significant on the matter of a potential
strategy to approach the problem, when he proposes Dasein's
analytical one:
".. one should not apply to this entity in a dogmatic and
constructive way any idea of being and reality, however
"obvious" it be: nor should they be imposed to Dasein, without
previous ontological examination, "categories" sketched as
from such idea. The way of access and interpretation must be chosen, on
the contrary, in such a From this perspective it is clear that the
traditional neoclassic approach assumes the Cartesian position, limiting
the consumer's cogitations of the process of election of the goods.
way that this entity should be shown just as it is, immediate and
regularly in its daily media". [Heidegger, M., 1926, p. 27] (14)
It is possible to ask oneself at this point if it would be possible
to abandon the Robinson-Crusoe-consumer-, who lives isolated in his
world of elections, or in strict terms if some unreal assumptions can be
raised, or to replace them by others more closer to reality according
they arise from Behavioral Economics studies. In other words to change
the Homo-Economicus for a Dasein-Economicus, which would imply to
rethink the economics agents according to Carpio (1984) based on:
"... the open character of man, means that the Dasein should not
have to be understood as an isolated subject, such as the I in the
Cartesian way of thinking, locked up in itself with its own cogitations.
On the contrary, the Dasein is being-in-the-world " [Carpio, 1984,
p. 439] (15)
From this perspective it is clear that the traditional neoclassic
approach assumes the Cartesian position, limiting the consumer's
cogitations of the process of election of the goods.
Existence and the Pretended Valorative Neutrality
To try the construction of a Dasein-Economicus is much more that to
surpass the critic with respect to the Methodological Individualism, by
means of the appeal to simply include in the function of maximization of
the agent, some variable that allows contemplating its interrelation
with the rest of the beings. Thus thinking it would not suppose greater
change, and it would convert the Dasein a mere man-thing corresponding
to the philosophy previous to Heidegger. On the contrary, the
elaboration of a Dasein-Economicus from the economy supposes the effort
to equip the agent with existence (ec-sistent--being of Dasein), and to
establish the difference between the consumer and the objects of its
consumption (which are-in-front-of-the-eyes).
The de-codification of the economy man would have immediate
consequences on each one of the enunciated critics, but fundamentally it
would impact on the so called ethical assumptions that underlie the
theory, even though such are hidden in a pretended neutrality that would
locate the economists in the rank of technocrats whose only function is
the to establish the consequences of the different alternatives, without
even daring to issue a value judgment as to the measures to be
implemented.
In this sense one of the ethical traps in which the neoclassic
economy falls derives ue alive, introducing therefore the necessity to
include in the economy analyses, and more important in those of economy
policy, the satisfaction of minimum levels of subsistence for the so
called absolute necessities (roof, food, health, education) without
which one would refuse man's essence. from the assumption of
optimality in the sense of Pareto (under the title of First and Second
Well-being Theorems), that can be understood as the valuation of the
efficiency in the process of rational election. From this assumption it
is understood that the market assigns the resources in an optimal way,
including the so called corner solutions as extreme results. This
solution in corner implies that an egalitarian distribution of the goods
in the society is equally efficient, like a distribution absolutely
concentrated in which one of the agents has the totality of resources
/goods.
In economy terms, when equipping the agent with existence, one
would be discarding those decisions in which:
* the Dasein were considered a thing, e.g., the evaluation of
alternatives would not be possible which implied the slavery of a person
* the possibilities (existence) of Dasein were limited, for example
it could not continue alive, introducing therefore the necessity to
include in the economy analyses, and more important in those of economy
policy, the satisfaction of minimum levels of subsistence for the so
called absolute necessities (roof, food, health, education) without
which one would refuse man's essence.
Budgetary, Consumption Set and the World
It remains to ask from the alternative approach which are the
considerations that would have to be done to equip the Dasein with the
economy focus, fundamentally because in his original analysis Heidegger
(1926) recognizes the contributions of:
"Philosophical psychology, anthropology, ethics,
"politics", poetry, biography and historiography, have
researched, by different ways and in variable proportions, the
behaviors, faculties, forces, possibilities and the destinies of the
Dasein. [Heidegger, 1926, p. 27] (16)
But he does not mention the economy. In this sense, he would be of
particular importance of researching on the role of the private
property, since in a capitalist society between the moments of
be-before-the-eyes and be-handy there is the act of acquisition of the
goods.
This is perhaps one of the contributions that, in the neoclassic
consumer theory model, it is clear; in such a way that they can be-handy
those goods that are within the budgetary set, whereas the rest of the
objects are simply be-before-the-eyes. So that the agent can make
contact with the beings, so that he can take care of the things and to
make use of the earnings of the beings, even in the daily attitude the
Dasein must buy those goods, so that the definitions on the property and
the form to incorporate it in the analysis are not trivial, in as much
in the present world, the world in the present state of the capitalist
system, finishes up conditioning the plexus of references and meanings,
in other words the spending power of the Dasein end up acting as a limit
to its own world.
This limit is not something physical, but that it has to do with
the referenciality of the useful, and especially with the form in which
the Dasein understands the references of the beings to which it is
related. From this approach, when considering a Dasein-Economicus, one
can surpassed the critic made with respect to the Preferences
Exogeneity, in as much as the world is that as from which the Dasein
gives to mean as to which being it can behave, and how it can do it, as
enunciated by Carpio (1984) mentioning Heidegger.
Summing up, the Dasein-Economicus would stop being a representative
agent of everything that the consumers have in common, and would once
again be more like the vision than the classic had of the economy agent,
as conditioned in its possibilities by the social class to which it
belongs.
Consumer Dispositionality and Rationality
The traditional interpretation, and its consequent neoclassic
axiomatization, of the concept of consumer rationality, refers to the
supposed that prevents the consumers to act in an inconsistent way, in
other words prohibit the contradictory elections.
It is possible to point out that the Conductist Economy has proven
repeatedly that the normal conduct of the people is apparently
irrational, i.e., the rationality assumption is not fulfilled. In this
sense the change of the Homo-Economicus by the Dasein-Economicus would
allow to incorporate into the consumer theory, the existential
Dispositional and Comprehension, which contribute to understand the
open-state, i.e., the form in which man discovers the beings as useful,
and how he relations himself to other men.
Thus, the Dispositional understood as a state of mind or affection
capacity would make possible the introduction in the consumer theory of
the alternative ways in which the consumer would disposed to the act of
consumption or of election, to constitute concrete ways of the insertion
of the consumer in the world.
In his analysis on the Dasein as affective disposition Heidegger
(1926) indicates an aspect with deep connotations for the theoretical
economy: " the 'mere mood' opens the There more
originally; but also it closes it more obstinately than
non-perception." [Heidegger, 1926, p. 140] (17)
On the one hand, it would imply to reconsider what Literature has
denominated Bounded or Limited Rationality which would not only be
derived only due to the lack of Information (or ignorance of the
parameters of the model on behalf of the agent in the language of
Sargent (1993)), but of deeper questions (affective) that would force
the agent to act against the Information available. From this optics the
affective or psychic analysis of irrational behaviors as a result of
feelings or situations, would be made possible, for example threats,
before which one would give up the criteria of calculation of
maximization imposed by the traditional theory.
CONCLUSION
As a summary, in the paper some assumptions characteristic of the
Representative Economy Agent of the Neoclassical Consumer Theory have
been reviewed, as a way of axiomatization of the action abilities they
constituted in guarantee of economy rationality and are the base for the
strategy of behavior foundation in the construction of economy models
that go beyond the consumer theory itself, and manage to include the
complete fan of approaches in the economy, which has been called the
economy main current.
In addition to the historical and methodological contextualization,
that explains the origin and development of the Homo-Economicus, some
criticisms, have been made, such as: Methodological Individualism,
Preferences Exogeneity, Preferences Individuality, Opposition between
Preferences and Values, Instrumental Rationality, Limitless Handling of
Information. From this perspective it has been pointed out that the form
in which Homo-Economicus was constructed, corresponds to a traditional
philosophical approach and that was surpassed by Heidegger's
Philosophy, in as much it considers man, consumer, as another being,
without worrying about the questions relative to the being
Finally, some basic elements of Heidegger's Philosophy have
been used, trying to introduce the distinction of the being in the
definition of the economy agent, which is called Dasein-Economicus, to
indicate the form in which the mentioned critics could be surpassed.
Fecha de recepci��n: 21/09/09
Fecha de aprobaci��n: 26/11/09
BIBLIOGRAPHY
Please refer to articles Spanish bibliography.
Fernandez Rodrigo A.
Universidad Nacional de Misiones.
Facultad de Ciencias Econ��micas.
Ruta Nacional No 12-7 km 1/2 - C.P. 3304.
Miguel Lan��s--Misiones--Argentina.
Email: rafernandez@fce.unam.edu.ar