"Communication of the Constraints on Action" - K. J. Arrow über Kommunikation

The article proofs K. J. Arrows introduction of 'communication' in general equilibrium analysis. His theory of 'convergencs of beliefs' is incomplete. Rational choice has to be redesigned by a new relationsship of preferences and semantics, without probability-codes. Using 'communication', economic theory has to be aware of 'contextes', in an equilibrium of 2nd order.

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Year of publication:	2000
Authors:	Priddat, Birger P.
Published in:	Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik). - Fachbereich Wirtschaftswissenschaften, ISSN 0021-4027. - Vol. 220.2000, 4, p. 453-470
Publisher:	Fachbereich Wirtschaftswissenschaften
Subject:	General equilibrium and communication \| choice and restrictions \| choice and judgements \| values and judgements \| convergence of beliefs \| choice and belief \| contextrelativity of choices

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Extent:	application/pdf
Type of publication:	Article
Classification:	B4 - Economic Methodology ; D0 - Microeconomics. General ; D5 - General Equilibrium and Disequilibrium ; D8 - Information and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005027171