Book Section
This chapter argues that there are cases in which the reference point used by economists for constructing models is not the self-interested, fully informed agent of neoclassical economics, with the capacity to make rational decisions and to maximize utility. Sometimes, economists see Homo economicus as a real historical figure, one that emerges only in relation to a fully functional market.
Keywords: Economic models; market; labour; Homo economicus
Title
Crises in Modelling
Subtitle
Articulations of the Romanian Labour Market in the Long 1990s
Author(s)
Alina-Sandra Cucu
Identifier
Description
This chapter argues that there are cases in which the reference point used by economists for constructing models is not the self-interested, fully informed agent of neoclassical economics, with the capacity to make rational decisions and to maximize utility. Sometimes, economists see Homo economicus as a real historical figure, one that emerges only in relation to a fully functional market.
Is Part Of
Place
Berlin
Publisher
ICI Berlin Press
Date
May 20, 2025
Subject
Economic models
market
labour
Homo economicus
Rights
© by the author(s)
Except for images or otherwise noted, this publication is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Language
en-GB
page start
181
page end
200
Source
Breaking and Making Models, ed. by Christoph F. E. Holzhey, Marietta Kesting, and Claudia Peppel, Cultural Inquiry, 33 (Berlin: ICI Berlin Press, 2025), pp. 181–200

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Cite as: Alina-Sandra Cucu, ‘Crises in Modelling: Articulations of the Romanian Labour Market in the Long 1990s’, in Breaking and Making Models, ed. by Christoph F. E. Holzhey, Marietta Kesting, and Claudia Peppel, Cultural Inquiry, 33 (Berlin: ICI Berlin Press, 2025), pp. 181-200 <https://doi.org/10.37050/ci-33_07>