流動性概念と債権流動化(8) -ヒュームの第五実験から見る交換-

概要

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In this paper we extend the results of the author's last paper and examine the process through which the economic agents engage in the exchange, by considering the transition of the ideas. Fortunately, Hume presented us the series of the experiments to analyses the human nature on"love and hate".We focus especially on his 5th experiment and conclude that the exchange is conducted when both agents form the particular passion, i.e.,"love and hatred"in Hume's sense. This strongly supports the standard microeconomics discussions that states the exchange is the co-operative and both party can get profit.