Author(s)

Wanyu Miao

Corresponding Author

Wanyu Miao

ABSTRACT

In western economics research, the “hypothesis of rational man” is one of the most important concepts and one of the most fundamental topics in economics. Although the hypothesis of rational man has been violently criticized by scholars since its inception, its connotation has been continuously enriched and expanded after its modification and development, and its uniqueness and irreplaceability have been proved after being adopted for 200 years. Meanwhile, due to the complexity of human nature, there is a trend of cross integration between sociology, psychology, anthropology and economics, and cross disciplines appear in the marginal areas between disciplines. It is particularly important to conduct a comprehensive review of the hypothesis of rational man, to analyze and critique from multiple perspectives, which helps us to have a deeper understanding of the system and characteristics of the development of western economics, so that we can predict new trends in economics.

KEYWORDS

Rational man, economic man, economics of happiness