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Social Recognition and Economic Equilibrium

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Author Info
Ken Urai () (Graduate School of Economics, Osaka University)
Abstract

This paper is an attempt to incorporate the human ability of recognition, especially, the ability to recognize the society to which they belong, with the economic equilibrium theory characterized by a description of society through individual rational behaviors. Contents may be classi ed into the following three categories: (1) a rigorous set theoretical treatment of the description of individual rationality; (2) set theoretical description of the validity in a society; and (3) rationality as an equilibrium ( xed point) of social recognition.

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Publisher Info
Paper provided by Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP) in its series Discussion Papers in Economics and Business with number 06-29.

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Length: 20 pages
Date of creation: Dec 2006
Date of revision:
Handle: RePEc:osk:wpaper:0628

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Web page: http://www.econ.osaka-u.ac.jp/
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Related research
Keywords: Social Recognition Rationality Social Equilibrium Fixed Point Theorem Godel's Incompleteness Theorem.

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Find related papers by JEL classification:
A10 - General Economics and Teaching - - General Economics - - - General
B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
C60 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May. [Downloadable!] (restricted)
  2. Baillie, Richard T & Myers, Robert J, 1991. "Bivariate GARCH Estimation of the Optimal Commodity Futures Hedge," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 6(2), pages 109-24, April-Jun. [Downloadable!] (restricted)
  3. Andrew W. Lo, A. Craig MacKinlay, 1988. "Stock Market Prices do not Follow Random Walks: Evidence from a Simple Specification Test," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 1(1), pages 41-66. [Downloadable!] (restricted)
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  4. Wakita, Shigeru, 2001. "Efficiency of the Dojima rice futures market in Tokugawa-period Japan," Journal of Banking & Finance, Elsevier, vol. 25(3), pages 535-554, March. [Downloadable!] (restricted)
  5. Amin, Kaushik I. & Jarrow, Robert A., 1991. "Pricing foreign currency options under stochastic interest rates," Journal of International Money and Finance, Elsevier, vol. 10(3), pages 310-329, September. [Downloadable!] (restricted)
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