The Power-to-Take Game. Disruptive behaviour in economics

Standard models describing economic decision-making most often ignore the influence of factors such as the personality of the individual or the emotions. They assume that an individual always behaves in such a way as to maximise profit. However, in recent years, this approach has been increasingly has increasingly come under justified criticism in recent years. Researchers dealing with Experimental economics researchers have identified a number of psychological factors1 that significantly influence the decision-making process, and have demonstrated that the traditional understanding of the rationality of economic behaviour (assuming maximisation of profit) is not a valid one (using benefit maximisation as the only criterion) is too narrow to describe observational behaviour.