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Social Recognition and Economic Equilibrium

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  • Ken Urai

    ()
    (Graduate School of Economics, Osaka University)

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    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 classified 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 (fixed point) of social recognition.

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    File URL: http://www2.econ.osaka-u.ac.jp/library/global/dp/0630.pdf
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    Bibliographic 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 06-30.

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    Length: 20 pages
    Date of creation: Dec 2006
    Date of revision:
    Handle: RePEc:osk:wpaper:0630

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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; Goedel's Incompleteness Theorem.;

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