Journal of Economic Methodology 19 (1):21-42 (2012)
AbstractAoki recently proposed the concept of substantive institutions, a concept that relates the outcomes of strategic interaction with public representations of the equilibrium states of games. I argue that the Aoki model can be grounded in theories of distributed cognition and performativity, which I put into the context of Searle's philosophical account of institutions. Substantive institutions build on regularized causal interactions between internal neuronal mechanisms and external facts, shared in a population of agents. Following Searle's proposal of conceiving rule-following as a neuronally anchored behavioral disposition, I show that his corresponding notion of collective intentionality can be grounded in recent neuroscience theories of imitation as the primordial process in human learning. I relate this to Searle's concept of status function and the neuronal theory of metaphors. This results in a precise definition of rule-following as performative action. I present two empirical examples of this: (1) the institution of money, and (2) status hierarchies in markets
Added to PP
Historical graph of downloads
References found in this work
Reassembling the Social: An Introduction to the Actor-Network Theory.Bruno Latour - 2005 - Oxford, England and New York, NY, USA: Oxford University Press.
Citations of this work
Constitutive Explanations in Neuroeconomics: Principles and a Case Study on Money.Carsten Herrmann-Pillath - 2016 - Journal of Economic Methodology 23 (4):374-395.
Performativity of Economic Systems: Approach and Implications for Taxonomy.Carsten Herrmann-Pillath - 2013 - Journal of Economic Methodology 20 (2):139-163.
Hegel’s “Objective Spirit”, Extended Mind, and the Institutional Nature of Economic Action.Ivan A. Boldyrev & Carsten Herrmann-Pillath - 2013 - Mind and Society 12 (2):177-202.
Similar books and articles
A Neurolinguistic Approach to Performativity in Economics.Carsten Herrmann-Pillath - 2010 - Journal of Economic Methodology 17 (3):241-260.
Understanding Public Organisations: Collective Intentionality as Cooperation.Robert Keith Shaw - 2011 - In Proceedings of the 2011 Conference of the Philosophy of Education Society of Australasia. Auckland, New Zealand. Philosophy of Education Society of Australasia.
Restructuring Searle’s Making the Social World.Frank Hindriks - 2013 - Philosophy of the Social Sciences 43 (3):373-389.
15 Scientific Cognition as Distributed Cognition.Ronald Giere - 2002 - In Peter Carruthers, Stephen P. Stich & Michael Siegal (eds.), The Cognitive Basis of Science. Cambridge University Press. pp. 285.
Distributed Cognition: An Ectoderm-Centric Perspective. [REVIEW]Jaime F. Cárdenas-García - 2013 - Biosemiotics 6 (3):337-350.
Giere's (In)Appropriation of Distributed Cognition.Krist Vaesen - 2011 - Social Epistemology 25 (4):379 - 391.
Grounding Action Representations.Arne M. Weber & Gottfried Vosgerau - 2012 - Review of Philosophy and Psychology 3 (1):53-69.
Distributed Cognition Without Distributed Knowing.Ronald N. Giere - 2007 - Social Epistemology 21 (3):313-320.