Rational irrationality: Some economics of self-management

Jean Tirole*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

57 Scopus citations

Abstract

The paper first reviews some of the main challenges posed to our received economic paradigm by a variety of behaviors documented by psychologists and discusses possible responses to this challenge. It then describes a specific attempt at unifying a number of themes in social psychology using a parsimonious modeling of human behavior.

Original languageEnglish (US)
Pages (from-to)633-655
Number of pages23
JournalEuropean Economic Review
Volume46
Issue number4-5
DOIs
StatePublished - 2002
Externally publishedYes

Keywords

  • Motivated beliefs
  • Rationality
  • Self-confidence
  • Willpower

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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