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Building on the philosophy of Charles Sanders Peirce, recent advances in biosemiotics have resulted into a concise framework for the analysis of signs in living systems. This paper explores the potential for economics and shows how biosemiotics can integrate two different research agendas, each...
Persistent link: https://www.econbiz.de/10008749237
Building on the philosophy of Charles Sanders Peirce, recent advances in biosemiotics have resulted into a concise framework for the analysis of signs in living systems. This paper explores the potential for economics and shows how biosemiotics can integrate two different research agendas, each...
Persistent link: https://www.econbiz.de/10014189725
Recently, the maximum entropy principle has been applied to explain the evolution of complex non-equilibrium systems, such as the Earth system. I argue that it can also be fruitfully deployed to reconsider the classical treatment of entropy in economics by Georgescu-Roegen, if the growth of...
Persistent link: https://www.econbiz.de/10014194176
Recently, the maximum entropy principle has been applied to explain the evolution of complex non-equilibrium systems, such as the Earth system. I argue that it can also be fruitfully deployed to reconsider the classical treatment of entropy in economics by Georgescu-Roegen, if the growth of...
Persistent link: https://www.econbiz.de/10003989394
Recently, Glimcher has proposed a reductionist model of choice which directly reduces a modified version of economic utility theory to neuroscience. I propose an alternative conceptual framework that adopts the position of externalism, which I further narrow down to a distributed cognition...
Persistent link: https://www.econbiz.de/10013123446
signaling explanation for this phenomenon. In our model, exclusivity-seeking consumers must infer product quality from its price …
Persistent link: https://www.econbiz.de/10012826978
This paper synthesizes extensive research conducted by colleagues from a wide diversity of disciplines that examines the relationships between the social systems and ecological systems they use. One of the key observations is that efforts to design general-purpose blueprints frequently fail. The...
Persistent link: https://www.econbiz.de/10014179025
This paper synthesizes extensive research conducted by colleagues from a wide diversity of disciplines that examines the relationships between the social systems and ecological systems they use. One of the key observations is that efforts to design general-purpose blueprints frequently fail. The...
Persistent link: https://www.econbiz.de/10014199157
This paper submits the case for establishing ‘technosphere science' as an independent scientific discipline that draws on results of many other disciplines, reaching from physics to the humanities, with economics as a major contributing discipline. My argument is ontological, that is I posit...
Persistent link: https://www.econbiz.de/10012948197
In Georgescu-Roegen's classical, though controversial discussion of entropy in relation to economics, the dualism of mechanical and subjective time plays a pivotal role. I argue that this fundamental distinction also inheres modern approaches to maximum entropy. Following Searle, I introduce the...
Persistent link: https://www.econbiz.de/10013133694