The Marginal Rate of Substitution, in Relation with the Win-win-win Papakonstantinidis Model—Lessons from Linear B

Abstract

The Marginal Rate of Substitution-which is analyzed from the view of Political Economy-leads our thoughts into the pure individualism and the need to interpret all the transactions we make and the corresponding decisions through the maximization of our individual satisfaction.

In the opposite, the suggested “win-win-win papakonstantinidis model” (coming from Nash win-win extended approach) tries to find ways for the three-pole bargaining conceptual equilibrium, under conditions, thus maximizing expected utilities for all the involved parties AND the Community in local decision-making by applying a combination of Descriptive Behavior (DB), Rational Choice, Instrumental Rationality and the Applied Behavioral Analysis (ABA) methodologies, then an updating community's behavioral state is expected.

By this definition the win-win-win papakonstantinidis model (Note 1) helps the scientific thought so to understand the “socially acceptable substitution” thus deriving profit from providing the community with the necessary “emotional intelligence” among the people of a self-organizing community, drawing stimuli from distributions made in the Greek area 1450 years BC.