homo economicus

H h

Definitions of homo economicus words

noun homo economicus a theoretical human being who rationally calculates the costs and benefits of every action before making a decision, used as the basis for a number of economic theories and models 0
noun homo economicus (economics) A human being regarded as a rational and narrowly self-interested actor capable of making judgments in order to attain its own particular goals. 0

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A common word. It’s meaning is known to most children of preschool age. About 85% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

This diagram is provided by Google Ngram Viewer

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