Approaches to modeling of individual economic behavior

Economic Annals-XXI: Volume 120, Issue 5-6, Pages: 3-6

Citation information:
Yadranskyy, D. M. (2012). Approaches to modeling of individual economic behavior. Economic Annals-XXI, 5-6, 3-6. https://ea21journal.world/index.php/ea-v120-01/

D. M. Yadranskyy

Approaches to modeling of individual economic behavior

Abstract. This article provides an overview of existing methodological approaches to the modeling of economic (employment and consumer) behavior. Determined by fundamental differences of modelling economic behavior in an information economy. The features, which is related to the economic activity of the subject in an information economy. Made interpretation of the existing approaches from the perspective of their possible use to explain the actions of the subjects in the information economy. A model of a person in the information economy.

Keywords: Model; Behavior; Information Economy; Methodology; Concept; Neoclassicism; Values