Language: "Signaling and semiotics: a search for meaning"

Frankfurter, George Moshe and McGoun, Elton G. (2018) Language: "Signaling and semiotics: a search for meaning". In: Frankfurter, George Moshe and McGoun, Elton G., (eds.) From Individualism to the Individual: Ideology and Inquiry in Financial Economics. Routledge, London, pp. 150-172. ISBN 9781138731646 (Print) 9781351744553 (Online)

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In this paper, we argue that a duality of language exists in financial economics in that branch of the agency theory literature that is called signaling, signaling theory, and the signaling principle of finance. We show that the signaling contention violates rudimentary rules of logic. Yet, the duality of language, in the framework of semiotics, opens new avenues of inquiry. During the Passover holiday, a rabbi sits on a bench in a public park, eating a piece of matzo (unleavened bread). Sharing the bench with him is a blind, homeless person. The rabbi feels sorry for the poor man, and, to do a mitzvah (worthy deed), he breaks off a piece of the matzo and gives it to the man. The blind man runs his fingers across the piece several times and finally exclaims, “Who wrote this nonsense?".
Item Type: Book Section / Chapter
Divisions: Faculty of Arts and Social Sciences
Depositing User: George Moshe Frankfurter
Date Deposited: 24 May 2023 16:14
Last Modified: 24 May 2023 16:14

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