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Economics and Epicycles
Perspectives on Psychological Science ( IF 10.5 ) Pub Date : 2020-12-14 , DOI: 10.1177/1745691620953785
Satoshi Kanazawa 1
Affiliation  

I aver that standard economics as a model of human behavior is as incorrect in 2017 (after Thaler) as geocentrism was as a model of celestial behavior in 1617 (after Galileo). Behavioral economic studies that have exposed the paradoxes and anomalies in standard economics are akin to epicycles on geocentrism. Just as no amount of epicycles could salvage geocentrism as a model of celestial behavior because it was fundamentally incorrect, no amount of behavioral economic adjustments could salvage standard economics as a model of human behavior because it is fundamentally incorrect. Many of the cognitive biases exhibited by humans are shared by other species, so not only are human actors Humans (as opposed to Econs), but nonhuman animals as phylogenetically distant from humans as ants and locusts are also Humans. Evolutionary biology as a model of human behavior can explain many of the hitherto unexplained cognitive biases and provide a unifying model of human behavior currently lacking in behavioral economics.



中文翻译:

经济学和本轮

我断言,作为人类行为模型的标准经济学在 2017 年(泰勒之后)与地心说作为 1617 年(伽利略之后)天体行为模型一样不正确。暴露了标准经济学中的悖论和异常现象的行为经济学研究类似于地心说的本轮。正如没有多少本轮可以挽救地心说作为天体行为的模型,因为它从根本上是不正确的一样,没有多少行为经济调整可以挽救作为人类行为模型的标准经济学,因为它从根本上是不正确的。人类表现出的许多认知偏差是其他物种所共有的,因此不仅人类行为者是人类(与经济人相反),而且在系统发育上与人类如蚂蚁和蝗虫一样远离人类的非人类动物也是人类。

更新日期:2020-12-15
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