Methodological background of human model in modern economy

Abstract

Human behavior in the face of new challenges of changing economic reality is of interest not only to Economics, but also to other social Sciences. In this regard, the question of creating a universal human model as a tool for interpreting and predicting behavior remains open. The article analyzes the formation of human model in the economy comparing neoclassical and alternative approaches. The purpose of the work is to identify the possibilities of methodological development of the model not only as a tool for analyzing economic phenomena and processes, but also as an independent object of knowledge. The results of the study show that drawing on the interdisciplinary approach of new institutional Economics, behavioral Economics, and social Sciences, you may perform a more profound study of behavioral assumptions, including an appeal to the motivational component of behavior, which expands the explanatory power of the model. The findings can be used both for promising theoretical and methodological approaches to the analysis of an individual as an economic entity, and for solving practical problems.