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Explaining the logic of pure preference in a neurodynamic structure

Author

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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.

Suggested Citation

  • Dominique, C-Rene, 2006. "Explaining the logic of pure preference in a neurodynamic structure," MPRA Paper 5283, University Library of Munich, Germany, revised 09 Oct 2007.
  • Handle: RePEc:pra:mprapa:5283
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    File URL: https://mpra.ub.uni-muenchen.de/5283/1/MPRA_paper_5283.pdf
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    References listed on IDEAS

    as
    1. Loomes, Graham & Sugden, Robert, 1982. "Regret Theory: An Alternative Theory of Rational Choice under Uncertainty," Economic Journal, Royal Economic Society, vol. 92(368), pages 805-824, December.
    2. Dominique, C. Rene, 1988. "A note on increasing returns to advertising," Economics Letters, Elsevier, vol. 28(4), pages 381-385.
    3. Jon Elster, 1998. "Emotions and Economic Theory," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 47-74, March.
    4. Richard H. Thaler, 2000. "From Homo Economicus to Homo Sapiens," Journal of Economic Perspectives, American Economic Association, vol. 14(1), pages 133-141, Winter.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Dominique, C-Rene, 2008. "Walrasian Solutions Without Utility Functions," MPRA Paper 8906, University Library of Munich, Germany, revised 2008.

    More about this item

    Keywords

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

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • A1 - General Economics and Teaching - - General Economics

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