TY - JOUR
T1 - IS HOMO ECONOMICUS EXTINCT? VERNON SMITH, DANIEL KAHNEMAN AND THE EVOLUTIONARY PERSPECTIVE
AU - Aktipis, C Athena
AU - Kurzban, Robert O.
PY - 2004
Y1 - 2004
N2 - The awarding in October of 2002 of the Nobel Memorial Prize in Economics 1 Technically the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, established in 1968.1 to Daniel Kahneman and Vernon Smith might have profound implications for the survival of Homo economicus, which has long occupied a privileged place in the minds of economists and decision-making theorists. The species has endured many challenges and proven quite adaptable, changing to accommodate a cascade of findings inconsistent with its original conception. Homo economicus now faces a potentially more serious challenge: the resurgence of Homo sapiens, a more coherent and biologically grounded model for human decision-making, informed by theory and data from across the scientific spectrum.
AB - The awarding in October of 2002 of the Nobel Memorial Prize in Economics 1 Technically the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, established in 1968.1 to Daniel Kahneman and Vernon Smith might have profound implications for the survival of Homo economicus, which has long occupied a privileged place in the minds of economists and decision-making theorists. The species has endured many challenges and proven quite adaptable, changing to accommodate a cascade of findings inconsistent with its original conception. Homo economicus now faces a potentially more serious challenge: the resurgence of Homo sapiens, a more coherent and biologically grounded model for human decision-making, informed by theory and data from across the scientific spectrum.
UR - http://www.scopus.com/inward/record.url?scp=33646117710&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=33646117710&partnerID=8YFLogxK
U2 - 10.1016/S1529-2134(04)07007-3
DO - 10.1016/S1529-2134(04)07007-3
M3 - Article
AN - SCOPUS:33646117710
SN - 1529-2134
VL - 7
SP - 135
EP - 153
JO - Advances in Austrian Economics
JF - Advances in Austrian Economics
ER -