Psychology as a response to methodological economic individualism

This paper aims at presenting and discussing some of behavioral models developed by Economic Psychology which is considered an irrelevant field of research for many economists yet. On highlighting the multidisciplinary convergence notably from economists' interests by psychology, it is done emp...

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Bibliographic Details
Published in:Revista de economia política 2011-04, Vol.31 (2), p.262-282
Main Authors: Hofmann, Ruth, Pelaez, Victor
Format: Article
Language:Portuguese
Subjects:
Brazil
Economics
Economists
Individualism
Political economy
Psychology
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Summary:This paper aims at presenting and discussing some of behavioral models developed by Economic Psychology which is considered an irrelevant field of research for many economists yet. On highlighting the multidisciplinary convergence notably from economists' interests by psychology, it is done emphasis to the discussion of the role played by methodological individualism in the psychological reduction of the homo economicus. Such a reduction has, on the one hand, made harder the conciliation between the individual and the collective level of analysis. On the other hand, it made closer economists and psychologists in the common interest of developing methods capable of understanding the economic behavior under a perspective which allows the integration of the complexity of collective dimension in which the individual makes part. Adapted from the source document.
ISSN:0101-3157