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Meaning
  1. 1
    English · JMdict
    economics Homo economicus;economic human
  2. 2
    financial expert;businessperson
  3. 3
    English · Wikipedia

    In economics, homo economicus, or economic man, is the concept in many economic theories portraying humans as consistently rational and narrowly self-interested agents who usually pursue their subjectively-defined ends optimally. Generally, homo economicus attempts to maximize utility as a consumer and profit as a producer. This theory stands in contrast to the concepts of (e.g.) behavioral economics (which examines actual economic behavior, including widespread cognitive biases and other irrationalities), and homo reciprocans (which emphasizes human cooperation). In game theory, homo economicus is often modelled through the assumption of perfect rationality.

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