2010 № 1

The Evolution of the concept of rationality in economic theory

Abstract:

The article overviews the evolution of the rational concept in the works of economists from A. Smith till modern researchers. Detailed description and analysis of different models and approaches creates visual illustration and shows outcomes of the distancing from Homo Oeconomicus planned in XX century, and also gives possibility to predict direction of further development of economic theory.

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Alexander A. Rakviashvili — Cand. Sci. (Econ.), Senior Lecturer, Department of Political Economy, Faculty of Economics, Moscow State University (Moscow, Russian Federation; e‑mail: rakviashvili@gmail.com).

JATS

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