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http://hdl.handle.net/10419/27873
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| Title: | | Neuroeconomics, naturalism and language  |
| Authors: | | Herrmann-Pillath, Carsten |
| Issue Date: | | 2008 |
| Series/Report no.: | | Working paper series // Frankfurt School of Finance & Management 108 |
| Abstract: | | Neuroeconomics stays in the center of the ongoing naturalistic turn in economics. It portrays the individual as a complex system of decision making mechanisms and modules. This results into a conceptual tension with the standard economic notion of the unity of the actor that is a systemic property of economic coordination. I propose to supplement neuroeconomics with a naturalistic theory of social coordination. Recent neurobiological and psychological research strongly supports claims made by some heterodox economists that the identity of actors emerges from social interaction, especially in the context of the use of language. Therefore, I argue that the completion of the neuroeconomic paradigm requires a naturalistic theory of language. I provide some sketches based on teleosemantics and memetics, and exemplify the argument by a naturalist account of money. |
| Subjects: | | Naturalism neuroeconomics individual identity language and economics naturalistic theory of social interaction |
| JEL: | | A12 B41 D87 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-2008121084 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management
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