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ALGORITMO SOCIAL DE ELECCIÓN: ALTERNATIVA AL DETERMINISMO NEOCLÁSICO.

Authors :
Rosas Sánchez, Gabriel Alberto
Vera Gómez, Ernesto Xavier
Source :
Revista de Economía Institucional. ene-jun2024, Vol. 26 Issue 50, p105-128. 24p.
Publication Year :
2024

Abstract

Neoclassical economics has established itself as the discipline of rational choice. Consequently, under methodological individualism and in the context of consumption, an agent's choice is based on the ordering of preferences determined exogenously, disregarding any emotional, biological influences, or factors from socio-economic dynamics. Therefore, this paper aims to present an alternative framework for the decision-making of economic individuals at a theoretical and formal-mathematical level, grounded in the principles of evolutionary economics and complex adaptive systems. It is argued that the process of making choices in consumption is inherent to social dynamics. From an individual-holistic perspective, the mechanism motivating action can be characterized as an evolutionary algorithm that integrates biological, historical, cultural, social class, and market competition influences as endogenous elements in determining choice and consumption behavior. [ABSTRACT FROM AUTHOR]

Details

Language :
Spanish
ISSN :
01245996
Volume :
26
Issue :
50
Database :
Academic Search Index
Journal :
Revista de Economía Institucional
Publication Type :
Academic Journal
Accession number :
175541754
Full Text :
https://doi.org/10.18601/01245996.v26n50.05