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The Moral Foundation of Economic Behavior

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Release : 2011-11-25
Genre : Business & Economics
Kind : eBook
Book Rating : 745/5 ( reviews)

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Book Synopsis The Moral Foundation of Economic Behavior by : David C. Rose

Download or read book The Moral Foundation of Economic Behavior written by David C. Rose. This book was released on 2011-11-25. Available in PDF, EPUB and Kindle. Book excerpt: It then identifies specific characteristics that moral beliefs must have for the people who possess them to be regarded as trustworthy.

Moral Sentiments and Material Interests

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Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : 526/5 ( reviews)

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Book Synopsis Moral Sentiments and Material Interests by : Herbert Gintis

Download or read book Moral Sentiments and Material Interests written by Herbert Gintis. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: Moral Sentiments and Material Interests presents an innovative synthesis of research in different disciplines to argue that cooperation stems not from the stereotypical selfish agent acting out of disguised self-interest but from the presence of "strong reciprocators" in a social group. Presenting an overview of research in economics, anthropology, evolutionary and human biology, social psychology, and sociology, the book deals with both the theoretical foundations and the policy implications of this explanation for cooperation. Chapter authors in the remaining parts of the book discuss the behavioral ecology of cooperation in humans and nonhuman primates, modeling and testing strong reciprocity in economic scenarios, and reciprocity and social policy. The evidence for strong reciprocity in the book includes experiments using the famous Ultimatum Game (in which two players must agree on how to split a certain amount of money or they both get nothing.)

Why Culture Matters Most

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Release : 2019
Genre : Business & Economics
Kind : eBook
Book Rating : 727/5 ( reviews)

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Book Synopsis Why Culture Matters Most by : David Charles Rose

Download or read book Why Culture Matters Most written by David Charles Rose. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- The cultural commons -- Culture as moral beliefs -- Culture as instrument -- The rise of flourishing societies -- The free market democracy dilemma -- The fall of flourishing societies -- Family, religion, government, and civilization -- Conclusion

Economics and the Virtues

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Release : 2016-01-07
Genre : Business & Economics
Kind : eBook
Book Rating : 096/5 ( reviews)

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Book Synopsis Economics and the Virtues by : Jennifer A. Baker

Download or read book Economics and the Virtues written by Jennifer A. Baker. This book was released on 2016-01-07. Available in PDF, EPUB and Kindle. Book excerpt: While ethics has been an integral part of economics since the days of Adam Smith (if not Aristotle), many modern economists dismiss ethical concerns in favor of increasing formal mathematical and computational methods. But recent financial crises in the real world have reignited discussions of the importance of ethics to economics, including growing calls for a new approach to incorporating moral philosophy in economic theory, practice, and policy. Ironically, it is the ethics of virtue advocated by Aristotle and Adam Smith that may lead to the most promising way to developing an economics that emphasizes the virtues, character, and judgment of the agents it models. In Economics and the Virtues, editors Jennifer A. Baker and Mark D. White have brought together fifteen leading scholars in economics and philosophy to offer fresh perspectives on integrating virtue into economics. The first section covers five major thinkers and schools in the virtue tradition, tracing historical connections and suggesting new areas of cooperation. The second section applies the ethics of virtue to modern economic theory, delving into its current practices and methodology to suggest areas for integration with moral philosophy. Finally, the third section addresses specific topics such as markets, profits, and justice in the context of virtue and vice, offering valuable applications of virtue to economics. With insights that are novel as well as rooted in time-tested ethical thought, Economics and the Virtues will be of interest to economists, philosophers, and other scholars in the social sciences and humanities, as well as professionals and policymakers in the fields of economics and finance, and makes an invaluable contribution to the ongoing discussion over the role of ethics in economics.

The Moral Foundation of Economic Behavior

Download The Moral Foundation of Economic Behavior PDF Online Free

Author :
Release : 2011-11-25
Genre : Business & Economics
Kind : eBook
Book Rating : 856/5 ( reviews)

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Book Synopsis The Moral Foundation of Economic Behavior by : David C. Rose

Download or read book The Moral Foundation of Economic Behavior written by David C. Rose. This book was released on 2011-11-25. Available in PDF, EPUB and Kindle. Book excerpt: This book explains why moral beliefs can and likely do play an important role in the development and operation of market economies. It provides new arguments for why it is important that people genuinely trust others-even those whom they know don't particularly care about them-because in key circumstances institutions are incapable of combating opportunism. It then identifies specific characteristics that moral beliefs must have for the people who possess them to be regarded as trustworthy. When such moral beliefs are held with sufficient conviction by a sufficiently high proportion of the population, a high trust society emerges that supports maximum cooperation and creativity while permitting honest competition at the same time. Such moral beliefs are not tied to any particular religion and have nothing to do with moral earnestness or the set of moral values-what matters is how they affect the way people think about morality. Such moral beliefs are based on abstract ideas that must be learned so they are matters of culture, not genes, and are therefore able to explain differences in economic performance across societies.

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