Symbolic value differs from intrinsic value. This paper focuses on symbolic inputs, which make up the production function, and ignores symbolic products (e.g., status, prestige), which constitute the utility function. Symbolic inputs are occasioned by incomplete information. There are three...

The paper attempts to identify the bone of contention concerning the extension of the neoclassical economic approach to traditional domains of other social sciences. The extension of the optimization hypothesis to the study of crime, status, and ideology - known as »economics imperialism -...