1. ALGORITMO SOCIAL DE ELECCIÓN: ALTERNATIVA AL DETERMINISMO NEOCLÁSICO.
- Author
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Rosas Sánchez, Gabriel Alberto and Vera Gómez, Ernesto Xavier
- Subjects
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NEOCLASSICAL school of economics , *CONSUMPTION (Economics) , *INDIVIDUALISM , *METHODOLOGICAL individualism , *ECONOMIC decision making , *EVOLUTIONARY algorithms , *EMOTIONS , *SOCIAL classes , *EVOLUTIONARY economics , *SOCIOECONOMICS , *HETERODOX economics - 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]
- Published
- 2024
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