Rational economics in comparison to the case of behavioral economics

This paper aims to represent the special characteristics of rational economics in comparison to the case of behavioral economics. Therefore, this analysis represents these issues and shows the main differences between the two concepts. The mainstream is to show the crucial attributes of both of them and the differences between them. Behavioral economics also take into account subjective characteristics, while rational economics is based more on mathematical norms, but there are also approaches that allow both behavioral economics and behavioral economics as feedback systems can find the most appropriate model.

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Publication Details

Journal
Ekonomski signali
Published
2025-01-01
DOI
https://doi.org/10.5937/ekonsig2501013c
Citations
1
Primary Topic
Economic theories and models
Type
article
Field-Weighted Citation Impact
3.13
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article

Rational economics in comparison to the case of behavioral economics

Nikola Pavlović, Constantinos Challoumis - Κωνσταντίνος Χαλλουμής, Marko Savić
1 citations
Ekonomski signali
Economic theories and models
3.13
article

Rational economics in comparison to the case of behavioral economics

Nikola Pavlović, Constantinos Challoumis - Κωνσταντίνος Χαλλουμής, Marko Savić
article en
1 citations

Abstract

This paper aims to represent the special characteristics of rational economics in comparison to the case of behavioral economics. Therefore, this analysis represents these issues and shows the main differences between the two concepts. The mainstream is to show the crucial attributes of both of them and the differences between them. Behavioral economics also take into account subjective characteristics, while rational economics is based more on mathematical norms, but there are also approaches that allow both behavioral economics and behavioral economics as feedback systems can find the most appropriate model.

Ekonomski signaliVol. 20(1)
Openalex Percentile: Top 7%
Economic theories and models
3.13
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