Arousal, rank and utility

Igor Galochkin ()

General Economics and Teaching from EconWPA

Abstract: We apply Maslow’s hierarchy of needs to the concept of utility and then go on to a new model where individual’s behavior is aimed at reaching optimal level of arousal of neural system and optimal level of domination in social ranking.

Keywords: utility; motivation; altruism; demonstration of wealth; novelty; comfort; rank; arousal (search for similar items in EconPapers)
JEL-codes: A10 A12 D00 (search for similar items in EconPapers)
Date: 2004-10-05
Note: Type of Document - pdf; pages: 6

Downloads: (external link)
http://129.3.20.41/eps/get/papers/0410/0410001.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpgt:0410001

Access Statistics for this paper

More papers in General Economics and Teaching from EconWPA
Series data maintained by EconWPA ().