„Communication of the Constraints on Action” K. J. Arrow über Kommunikation / „Communication of the Constraints on Action” K. J. Arrow on Communication

Priddat Birger P. ()
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Priddat Birger P.: Lehrstuhl für Volkswirtschaft und Philosophie, Fakultät für Wirtschaftswissenschaft, Universität Witten/Herdecke, Alfred-Herrhausen-Str. 50, D-58448 Witten

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2000, vol. 220, issue 4, 453-470

Abstract: The article proofs Κ. 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 relationship of preferences and semantics, without probability-codes. Using ‘communication’, economic theory has to be aware of ‘contextes’, in an equilibrium of 2nd order.

Keywords: General equilibrium and communication; choice and restrictions; choice and judgements; values and judgements; convergence of beliefs; choice and belief; contextrelativity of choices; Allgemeines Gleichgewicht mit Kommunikation; rationale Entscheidung und Kommunikation; rationale Entscheidungen und Urteile; Werte und Urteile; rationale Entscheidungen und Überzeugungen; Konvergenz der Meinungen; Kontextrelativität von Wahlhandlungen; General equilibrium and communication; choice and restrictions; choice and judgements; values and judgements; convergence of beliefs; choice and belief; contextrelativity of choices (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:220:y:2000:i:4:p:453-470

DOI: 10.1515/jbnst-2000-0406

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