Neuroeconomics, naturalism and language
AbstractNeuroeconomics stays in the center of the ongoing naturalistic turn in economics. It portrays the individual as a complex system of decision making mechanisms and modules. This results into a conceptual tension with the standard economic notion of the unity of the actor that is a systemic property of economic coordination. I propose to supplement neuroeconomics with a naturalistic theory of social coordination. Recent neurobiological and psychological research strongly supports claims made by some heterodox economists that the identity of actors emerges from social interaction, especially in the context of the use of language. Therefore, I argue that the completion of the neuroeconomic paradigm requires a naturalistic theory of language. I provide some sketches based on teleosemantics and memetics, and exemplify the argument by a naturalist account of money. --
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Bibliographic InfoPaper provided by Frankfurt School of Finance and Management in its series Frankfurt School - Working Paper Series with number 108.
Date of creation: 2008
Date of revision:
Naturalism; neuroeconomics; individual identity; language and economics; naturalistic theory of social interaction;
Find related papers by JEL classification:
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics
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