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A Rational Irrational Man?

Author

Listed:
  • Alexander Harin

    (MODERN UNIVERSITY FOR THE HUMANITIES - Modern University for the Humanities - Modern University for the Humanities)

Abstract

A man is a key subject of economics. "A man is irrational" - this opinion can be made from Allais paradox, risk aversion and other well-known fundamental problems. For a long time, this opinion was a barrier to proper solution of these problems and the development of the economics. A radically new way is proposed to solve them and remove this barrier. The way is the generalization of a breach of a term of contract.

Suggested Citation

  • Alexander Harin, 2006. "A Rational Irrational Man?," Working Papers halshs-00089118, HAL.
    • Handle: RePEc:hal:wpaper:halshs-00089118
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00089118
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