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: Challoumis Constantinos, Savić Marko, Pavlović Nikola
Format: Article
Language:English
Published: Viša ekonomska škola Peć, Leposavić 2025-01-01
Series:Ekonomski Signali
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2025/1452-44572501013C.pdf
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author Challoumis Constantinos
Savić Marko
Pavlović Nikola
author_facet Challoumis Constantinos
Savić Marko
Pavlović Nikola
author_sort Challoumis Constantinos
collection DOAJ
description 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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publishDate 2025-01-01
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series Ekonomski Signali
spelling doaj-art-eba5ac1d347143b2aeb1dcb2bf3e12ce2025-08-20T02:59:19ZengViša ekonomska škola Peć, LeposavićEkonomski Signali1452-44572560-33022025-01-01201132610.5937/ekonsig2501013C1452-44572501013CRational economics in comparison to the case of behavioral economicsChalloumis Constantinos0https://orcid.org/0000-0002-7436-0506Savić Marko1https://orcid.org/0000-0002-0254-8171Pavlović Nikola2https://orcid.org/0000-0001-5466-576XNational and Kapodistrian Universiy of Athens, GreeceAcademy of Applied Studies Kosovo and Metohija, SerbiaAcademy of Applied Studies Kosovo and Metohija, SerbiaThis 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.https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2025/1452-44572501013C.pdfrationalbehavioralmainstreameconomicskeynesianneo-classical
spellingShingle Challoumis Constantinos
Savić Marko
Pavlović Nikola
Rational economics in comparison to the case of behavioral economics
Ekonomski Signali
rational
behavioral
mainstream
economics
keynesian
neo-classical
title Rational economics in comparison to the case of behavioral economics
title_full Rational economics in comparison to the case of behavioral economics
title_fullStr Rational economics in comparison to the case of behavioral economics
title_full_unstemmed Rational economics in comparison to the case of behavioral economics
title_short Rational economics in comparison to the case of behavioral economics
title_sort rational economics in comparison to the case of behavioral economics
topic rational
behavioral
mainstream
economics
keynesian
neo-classical
url https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2025/1452-44572501013C.pdf
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AT savicmarko rationaleconomicsincomparisontothecaseofbehavioraleconomics
AT pavlovicnikola rationaleconomicsincomparisontothecaseofbehavioraleconomics