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Explaining the logic of pure preference in a neurodynamic structure

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  • Dominique, C-Rene

Abstract

This paper uses Category Theory to integrate a nonlinear, nonhomogeneous ordinary differential equation system into an input/output representation in an attempt to capture the mechanism behind the formation of pure preference in humans. The model shows that the human brain belongs to the class of functions U ε C2(R3, R). In addition, it shows that there exists an emerging factor, e, which is sine qua non for expressing a preference. The factor, e, may be associated with ‘judgement’ which, in turn, may neatly subsume ‘consciousness’, the arrival of new information, and cases of selection under risks and uncertainty.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5283.

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Date of creation: 08 Dec 2006
Date of revision: 09 Oct 2007
Handle: RePEc:pra:mprapa:5283

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Related research

Keywords: Input/output; Dynamo; Universal Unfoldings; Emergent factor; Awareness; and Preference;

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  1. Dominique, C. Rene, 1988. "A note on increasing returns to advertising," Economics Letters, Elsevier, vol. 28(4), pages 381-385.
  2. Jon Elster, 1998. "Emotions and Economic Theory," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 47-74, March.
  3. Richard H. Thaler, 2000. "From Homo Economicus to Homo Sapiens," Journal of Economic Perspectives, American Economic Association, vol. 14(1), pages 133-141, Winter.
  4. Loomes, Graham & Sugden, Robert, 1982. "Regret Theory: An Alternative Theory of Rational Choice under Uncertainty," Economic Journal, Royal Economic Society, vol. 92(368), pages 805-24, December.
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Cited by:
  1. C-René Dominique, 2008. "Walrasian Solutions Without Utility Functions," EERI Research Paper Series EERI_RP_2008_10, Economics and Econometrics Research Institute (EERI), Brussels.

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