Homo Economicus vs. Human Being : Outcomes of Irrationality

Yamane, Shoko; Yoneda, Hiroyasu; Tsutsui, Yoshiro

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論文情報

タイトル	Homo Economicus vs. Human Being : Outcomes of Irrationality
著者	Yamane, Shoko Yamane, Shoko
	Yoneda, Hiroyasu Yoneda, Hiroyasu
	Tsutsui, Yoshiro Tsutsui, Yoshiro
キーワード等	paranormality
	non-scientific thinking
	irrationality
	happiness
	factor analysis
	Homo economicus
抄録	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.
公開者	The Institute of Social and Economic Research, Osaka University
掲載誌名	Institute of Social and Economic Research Discussion Papers
巻	844
刊行年月	2012-05
URL	http://hdl.handle.net/11094/23396
関連情報 (references)	http://www.iser.osaka-u.ac.jp/library/dp/2012/DP0844.pdf
言語	英語

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Institute of Social and Economic Research Discussion Papers.844
DC.title	Homo Economicus vs. Human Being : Outcomes of Irrationality
DC.creator	Yamane, Shoko
	Yoneda, Hiroyasu
	Tsutsui, Yoshiro
DC.publisher	The Institute of Social and Economic Research, Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2012-05
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/23396
DC.subject	paranormality
	non-scientific thinking
	irrationality
	happiness
	factor analysis
	Homo economicus
DCTERMS.abstract	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.
citation_title	Homo Economicus vs. Human Being : Outcomes of Irrationality
citation_author	Yamane, Shoko
	Yoneda, Hiroyasu
	Tsutsui, Yoshiro
citation_publisher	The Institute of Social and Economic Research, Osaka University
citation_language	英語
citation_date	2012-05
citation_journal_title	Institute of Social and Economic Research Discussion Papers
citation_volume	844
citation_public_url	http://hdl.handle.net/11094/23396
citation_keywords	paranormality
	non-scientific thinking
	irrationality
	happiness
	factor analysis
	Homo economicus

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