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On the Problem of the Island of Earth: Introducing a Universal Theory of Value in an Open Letter to The President of the United States

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  • Funk, Matt

Abstract

This paper introduces a unified theory of value.

Suggested Citation

  • Funk, Matt, 2008. "On the Problem of the Island of Earth: Introducing a Universal Theory of Value in an Open Letter to The President of the United States," MPRA Paper 14489, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:14489
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    File URL: https://mpra.ub.uni-muenchen.de/14489/1/MPRA_paper_14489.pdf
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    References listed on IDEAS

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    1. Ernst Fehr & Simon Gächter, 2000. "Fairness and Retaliation: The Economics of Reciprocity," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 159-181, Summer.
    2. Crusol, Jean & Crusol, Louis, 1980. "A programme for agriculture in island plantation economies," World Development, Elsevier, vol. 8(12), pages 1027-1033, December.
    3. Ernst Fehr & Urs Fischbacher, "undated". "Third Party Punishment and Social Norms," IEW - Working Papers 106, Institute for Empirical Research in Economics - University of Zurich.
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    5. Carlsson, Hans & van Damme, Eric, 1993. "Global Games and Equilibrium Selection," Econometrica, Econometric Society, vol. 61(5), pages 989-1018, September.
    6. Ernst Fehr & Urs Fischbacher, 2004. "Social norms and human cooperation," Macroeconomics 0409026, University Library of Munich, Germany.
    7. Faber, Malte & Manstetten, Reiner & Proops, John L. R., 1995. "On the conceptual foundations of ecological economics: A teleological approach," Ecological Economics, Elsevier, vol. 12(1), pages 41-54, January.
    8. Baumgartner, Stefan & Becker, Christian & Faber, Malte & Manstetten, Reiner, 2006. "Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation," Ecological Economics, Elsevier, vol. 59(4), pages 487-498, October.
    9. Robert Engle, 2004. "Risk and Volatility: Econometric Models and Financial Practice," American Economic Review, American Economic Association, vol. 94(3), pages 405-420, June.
    10. Ernst Fehr & Klaus M. Schmidt, 1999. "A Theory of Fairness, Competition, and Cooperation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(3), pages 817-868.
    11. Frey, Bruno S. & Eichenberger, Reiner, 1994. "The political economy of stabilization programmes in developing countries," European Journal of Political Economy, Elsevier, vol. 10(1), pages 169-190, May.
    12. Costanza, Robert & d'Arge, Ralph & de Groot, Rudolf & Farber, Stephen & Grasso, Monica & Hannon, Bruce & Limburg, Karin & Naeem, Shahid & O'Neill, Robert V. & Paruelo, Jose, 1998. "The value of the world's ecosystem services and natural capital," Ecological Economics, Elsevier, vol. 25(1), pages 3-15, April.
    13. repec:bpj:pewipo:v:8:y:2007:i:3:p:207-220:n:4 is not listed on IDEAS
    14. Bruno S. Frey, 1997. "Not Just for the Money," Books, Edward Elgar Publishing, number 1183.
    15. Frey, Bruno S. & Benesch, Christine & Stutzer, Alois, 2007. "Does watching TV make us happy?," Journal of Economic Psychology, Elsevier, vol. 28(3), pages 283-313, June.
    16. Scott Beaulier & Bryan Caplan, 2007. "Behavioral Economics and Perverse Effects of the Welfare State," Kyklos, Wiley Blackwell, vol. 60(4), pages 485-507, November.
    17. Bruno Frey, 2002. "Why economists disregard economic methodology," Journal of Economic Methodology, Taylor & Francis Journals, vol. 8(1), pages 41-47.
    18. Robert J. Aumann, 2007. "War and Peace," Chapters, in: Jean-Philippe Touffut (ed.), Augustin Cournot: Modelling Economics, chapter 5, Edward Elgar Publishing.
    19. Aoki, Kenichi, 2004. "Altruism may be sexy: Comment on cultural group selection, coevolutionary processes and large-scale cooperation," Journal of Economic Behavior & Organization, Elsevier, vol. 53(1), pages 37-40, January.
    20. Ernst Fehr & Simon Gächter, 2000. "Fairness and Retaliation," International Economic Association Series, in: L.-A. Gérard-Varet & S.-C. Kolm & J. Mercier Ythier (ed.), The Economics of Reciprocity, Giving and Altruism, chapter 7, pages 153-173, Palgrave Macmillan.
    21. Amir, Shmuel, 1994. "The role of thermodynamics in the study of economic and ecological systems," Ecological Economics, Elsevier, vol. 10(2), pages 125-142, July.
    22. Frey, Bruno S. & Bohnet, Iris, 1997. "Identification in democratic society," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 26(1), pages 25-38.
    23. Clark, Colin W & Clarke, Frank H & Munro, Gordon R, 1979. "The Optimal Exploitation of Renewable Resource Stocks: Problems of Irreversible Investment," Econometrica, Econometric Society, vol. 47(1), pages 25-47, January.
    24. Funk, Matt, 2008. "On the Problem of Sustainable Economic Development: A Theoretical Solution to this Prisoner's Dilemma," MPRA Paper 19025, University Library of Munich, Germany, revised 08 Jun 2008.
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    Cited by:

    1. Funk, Matt, 2008. "On the Problem of Vague Terms: A Glossary of Clearly Stated Assumptions & Careful, Patient, Descriptions," MPRA Paper 14505, University Library of Munich, Germany.

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    JEL classification:

    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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