Revista de Filosofía de la Universidad de Costa Rica ISSN Impreso: 0034-8252 ISSN electrónico: 2215-5589

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On the Applications of Category Theory to Economics
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Keywords

Economía
Econometría
Teoría de categorías
Agentes racionales
Teoría de la decisión
Economics
Econometrics
Category Theory
Rational Agents
Decision Theory

How to Cite

Ortega Barrantes, J. A. (2024). On the Applications of Category Theory to Economics . Revista De Filosofía De La Universidad De Costa Rica, 63(165), 127–134. https://doi.org/10.15517/revfil.2024.58410

Abstract

Mathematics is one of economics most important analytical tools. It is used to describe individual and aggregate behaviour, as well as to validate economic models against real world data. However, recent experimental evidence have shed light in the incomplete and unrealistic nature that economical mathematical models have to teach us. In this paper, I analyze the potential use of mathematical category theory, in some economics’ branches such as behavioural and computational economics, and how these branches can be reconciled with the neoclassical approach.

https://doi.org/10.15517/revfil.2024.58410
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