EJPAU 2008. Pizło W. SPACE OF INDIVIDUAL BEHAVIORS IN THE LIGHT OF INSTITUTIONAL ECONOMY

Electronic Journal of Polish Agricultural Universities (EJPAU) founded by all Polish Agriculture Universities presents original papers and review articles relevant to all aspects of agricultural sciences. It is target for persons working both in science and industry,regulatory agencies or teaching in agricultural sector. Covered by IFIS Publishing (Food Science and Technology Abstracts), ELSEVIER Science - Food Science and Technology Program, CAS USA (Chemical Abstracts), CABI Publishing UK and ALPSP (Association of Learned and Professional Society Publisher - full membership). Presented in the Master List of Thomson ISI.

2008
Volume 11
Issue 4

Topic:

Economics

ELECTRONIC
JOURNAL OF
POLISH
AGRICULTURAL
UNIVERSITIES

Pizło W. 2008. SPACE OF INDIVIDUAL BEHAVIORS IN THE LIGHT OF INSTITUTIONAL ECONOMY, EJPAU 11(4), #15.
Available Online: http://www.ejpau.media.pl/volume11/issue4/abs-15.html

SPACE OF INDIVIDUAL BEHAVIORS IN THE LIGHT OF INSTITUTIONAL ECONOMY

Wojciech Pizło
Department of Agricultural Policy and Marketing, Faculty of Agricultural Economics, Warsaw University of Life Sciences (SGGW), Poland

ABSTRACT

The article presents two different economic behaviour
models of individual economic agents: homo oeconomicus and homo sociologicus.
The first model of rational actor (rationality of activities is the main assumption
in this model) has the basic assumption that an individual operates and behaves
rationally. Economic man is a man, whose basic principle is calculation of costs
and benefits (or rather profits and losses). The second model, being opposite
to the first one, assumes individual's socialization to the extent that one agrees
generally accepted social rules without any doubts. There are also displayed basic determinants of individual
behaviours (institutional rules and models, individual choices and mental models)
deciding on man's institutional derivation as well as a scheme of micro space's
institutionalization.

Key words: institutionalisms, homo oeconomicus and homo sociologicus, institutions of micro space, household, individual consumer.

Wojciech Pizło
Department of Agricultural Policy and Marketing,
Faculty of Agricultural Economics,
Warsaw University of Life Sciences (SGGW), Poland
Nowoursynowska 166, 02-792 Warsaw, Poland
email: wpizlo@poczta.onet.pl

Responses to this article, comments are invited and should be submitted within three months of the publication of the article. If accepted for publication, they will be published in the chapter headed 'Discussions' and hyperlinked to the article.