Munich Personal RePEc Archive

An Ontology Of Economic Objects

Zuniga, Gloria L. (1999): An Ontology Of Economic Objects. Published in: American Journal of Economics and Sociology , Vol. 58, No. 2 (April 1999): pp. 299-312.

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Abstract

Economic reality is constituted by economic objects such as goods, commodities, money, value, price, and exchange that, together, give rise to the complex entity known as the market. Each of these categories is governed by exact laws that provide the conditions for settling objectively whether individuals' views about an instance of any category indeed correspond to that category. This paper describes such laws for each category. The aim of this paper is to lay the groundwork for an ontological description of economic reality.

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