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Qualitative and temporal aggregation

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  • Kakarot-Handtke, Egmont

Abstract

Behavioral assumptions, rational or otherwise, are not solid enough to be eligible as first principles of theoretical economics. Hence all endeavors to lay the formal foundation on a new site and at a deeper level actually need no further vindication. The present paper suggests three non-behavioral axioms as groundwork and applies them to the analysis of qualitative and temporal aggregation in the pure consumption economy. It turns out that the structural axiom set is self-similar with regard to the differentiation of the household- and business sector as well as to the sequencing of time.

Suggested Citation

  • Kakarot-Handtke, Egmont, 2011. "Qualitative and temporal aggregation," MPRA Paper 33345, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:33345
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    References listed on IDEAS

    as
    1. Ken Dennis, 1982. "Economic Theory and the Problem of Translation," Journal of Economic Issues, Taylor & Francis Journals, vol. 16(3), pages 691-712, September.
    2. Kakarot-Handtke, Egmont, 2011. "The pure logic of value, profit, interest," MPRA Paper 30853, University Library of Munich, Germany.
    3. Kakarot-Handtke, Egmont, 2011. "Keynes’s missing axioms," MPRA Paper 32742, University Library of Munich, Germany, revised 11 Aug 2011.
    4. Chick, Victoria & Dow, Sheila C, 2001. "Formalism, Logic and Reality: A Keynesian Analysis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 25(6), pages 705-721, November.
    5. Kakarot-Handtke, Egmont, 2011. "Primary and secondary markets," MPRA Paper 32996, University Library of Munich, Germany.
    6. Redman, Deborah A., 1993. "Economics and the Philosophy of Science," OUP Catalogue, Oxford University Press, number 9780195082746.
    7. Philip Mirowski, 1981. "Is There a Mathematical Neoinstitutional Economics?," Journal of Economic Issues, Taylor & Francis Journals, vol. 15(3), pages 593-613, September.
    8. Warren J. Samuels, 1997. "On the Nature and Utility of the Concept of Equilibrium," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 20(1), pages 77-88, September.
    9. Kakarot-Handtke, Egmont, 2011. "Properties of an economy without human beings," MPRA Paper 31497, University Library of Munich, Germany.
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    Cited by:

    1. Kakarot-Handtke, Egmont, 2011. "The propensity function as formal passkey to economic action," MPRA Paper 34051, University Library of Munich, Germany.
    2. Kakarot-Handtke, Egmont, 2012. "Taxes, profits, and employment: a structural axiomatic analysis," MPRA Paper 43581, University Library of Munich, Germany.

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    More about this item

    Keywords

    New framework of concepts; Structure-centric; Axiom set; General equilibrium; Supersymmetry;
    All these keywords.

    JEL classification:

    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General

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