Homo Economicus vs. Human Being: Outcomes of Irrationality
Homo Economicus vs. Human Being: Outcomes of Irrationality
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经济人与人类:非理性的结果
DOI:
10.2139/ssrn.2063268
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发表时间:
2012
期刊:
影响因子:
--
通讯作者:
Y. Tsutsui
中科院分区:
文献类型:
--
作者:
Shoko Yamane;Hiroyasu Yoneda;Y. Tsutsui
This paper investigates the individual outcomes of irrational thinking, including paranormality and non-scientific thinking. These modes of thinking are identified by factor analysis from a 2008 survey. Income and happiness are used as measures of performance. Empirical results reveal that non-scientific thinking lowers income, whereas paranormality does not affect it. While non-scientific thinking lowers happiness, paranormality raises it. Extending the model, we find that higher ability and self-control result in higher income and happiness. Selfishness raises income, but diminishes happiness. These results suggest that Homo economicus generally achieves higher individual performance, except that belief in paranormality raises happiness.