Personal identity and standard economic theory
AbstractThis paper investigates the topic of personal identity in standard neoclassical theory. It looks first at the traditional utility theory of maximizing consumers and then at the extension of that analysis in the time-allocation-household-production model to see how relatively settled ontological commitments in the neoclassical research program undergo modification with its development. David Hume's skeptical treatment of personal identity is employed to assess the traditional view. The time-allocation model is shown to escape some of Hume's problems, but encounters difficulties of its own. Concluding remarks emphasize the importance of ontological analysis in economics, and suggest that identity issues underlie the investigation of causality in that analysis.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Journal of Economic Methodology.
Volume (Year): 2 (1995)
Issue (Month): 1 ()
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- Bisin, Alberto & Patacchini, Eleonora & Verdier, Thierry & Zenou, Yves, 2011.
"Formation and persistence of oppositional identities,"
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- Alan Kirman & Miriam Teschl, 2006. "Searching for identity in the capability space," Journal of Economic Methodology, Taylor and Francis Journals, vol. 13(3), pages 299-325.
- Drydakis, Nick, 2012. "The Effect of Ethnic Identity on the Employment of Immigrants," IZA Discussion Papers 6314, Institute for the Study of Labor (IZA).
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