Arousal, rank and utility
AbstractWe apply Maslow’s hierarchy of needs to the concept of utility and then go on to a new model where individual’s behavior is aimed at reaching optimal level of arousal of neural system and optimal level of domination in social ranking.
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Bibliographic InfoPaper provided by EconWPA in its series General Economics and Teaching with number 0410001.
Length: 6 pages
Date of creation: 05 Oct 2004
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Note: Type of Document - pdf; pages: 6
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utility; motivation; altruism; demonstration of wealth; novelty; comfort; rank; arousal;
Find related papers by JEL classification:
- A10 - General Economics and Teaching - - General Economics - - - General
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- D00 - Microeconomics - - General - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-10-21 (All new papers)
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