http://www.hanimorsi.com/blog/index.php/archives/2007/09/14/gadget-economics-from-homo-economicus-to-homo-technologicus/ Hani on travel, technology and life Sun, 24 Jul 2011 18:48:18 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.hanimorsi.com/blog/index.php/archives/2007/09/14/gadget-economics-from-homo-economicus-to-homo-technologicus/comment-page-1/#comment-30917 Mark Schroeder Sat, 29 Sep 2007 09:30:34 +0000 http://users.kaski-net.net/~morsi/blog/index.php/archives/2007/09/14/gadget-economics-from-homo-economicus-to-homo-technologicus/#comment-30917 Hani, This all will work fine in determining Homo Technologicus' true desires if one uses "bounded rationality" theory as opposed perfect rationality. The consumtive drive in bounded rationality is only tempered by the limited availability of personal capital or credit. Essentialy all consumption is "rational" as long as you have the ability to upgrade. You are following true human nature. Hani,
This all will work fine in determining Homo Technologicus’ true desires if one uses “bounded rationality” theory as opposed perfect rationality. The consumtive drive in bounded rationality is only tempered by the limited availability of personal capital or credit. Essentialy all consumption is “rational” as long as you have the ability to upgrade. You are following true human nature.

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