This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Focal Points, Preferences and the Generation of Meaning

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Liam Aspin (Economics Research Centre)
Abstract

In this paper we introduce a unique and influential psychoanalytical theory based upon a theory of linguistics developed by Jaques Lacan. Although Lacan is primarily concerned with psychoanalytical issues, his work has already entered other theoretical realms such as sociology, philosophy and literary criticism. We argue that an application of Lacan's ideas to the concept of focal points leads us to emphasise the integration of the conceptualisation of focal points and preferences . We argue that it is insufficient to view salience as an extra or special consideration that must be in some way made commensurate with our notions of rational choice. Rather, the significance of focal points should be interpreted in terms of preferences. We argue that when an individual makes a choice, what they reveal is a psycho- social structure, or what we call a 'structure of salience.' This is to emphasise that we wish to challenge the current understanding of the term 'salient' and to draw it closer to preference analysis in general. The terminology applied by some ascribes the term salience only when it is easy to recognise that the direct connection between desire and the achievement of satisfaction through rational choice is prevented by incomplete preference. That is, at the aggregate level where focal points are exhibited by the dominance of symbols in language. We argue that the connection between desire and rational choice is always mediated by language and that language itself is a structure of salience based on psycho- social linguistic relations. It is argued that this paper provides an important comment on the nature and significance of focal points and their relationship to preferences in general.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: ftp://all.repec.org/RePEc/wuk/eaercp/eaercp_001.pdf
File Format: application/pdf
File Function:
Download Restriction: no
File URL: ftp://all.repec.org/RePEc/wuk/eaercp/eaercp_001.ps
File Format: application/postscript
File Function:
Download Restriction: no

Publisher Info
Paper provided by University of East Anglia, Economics Research Centre in its series Papers with number _001.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: Jun 1997
Date of revision:
Handle: RePEc:wuk:eaercp:_001

Contact details of provider:
Postal: Norwich NR4 7TI
Phone: +44(0)1603 592065
Fax: +44(0)1603 4562592
Web page: http://www.uea.ac.uk/menu/acad_depts/soc/menu.html
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (WoPEc Project).

Related research
Keywords:

Other versions of this item:

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. Benabou, Roland, 1994. "Human capital, inequality, and growth: A local perspective," European Economic Review, Elsevier, vol. 38(3-4), pages 817-826, April. [Downloadable!] (restricted)
  2. William A. Brock & Steven N. Durlauf, 1995. "Discrete Choice with Social Interactions I: Theory," Working Papers 95-10-084, Santa Fe Institute.
    Other versions:
  3. repec:att:wimass:199521 is not listed on IDEAS
  4. Sugden, Robert, 1991. "Rational Choice: A Survey of Contributions from Economics and Philosophy," Economic Journal, Royal Economic Society, vol. 101(407), pages 751-85, July. [Downloadable!] (restricted)
  5. Steven N. Durlauf, 1995. "Neighborhood Feedbacks, Endogenous Stratification, and Income Inequality," Working Papers 95-07-061, Santa Fe Institute.
Full references

Statistics
Access and download statistics

Did you know? No RePEc service, like IDEAS, charges for the use or the display of bibliographic data.

This page was last updated on 2009-12-2.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.