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...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Viša ekonomska škola Peć, Leposavić
2025-01-01
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| Series: | Ekonomski Signali |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2025/1452-44572501013C.pdf |
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| Summary: | 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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| ISSN: | 1452-4457 2560-3302 |