Dowell, Richard S; Goldfarb, Robert S; Griffith, William B - In: Economic Inquiry 36 (1998) 4, pp. 645-53
The authors propose a concrete method for including moral concerns in preferences. In their framework, the agent maximizes utility subject to constraints but the utility from consuming a specific commodity bundle varies in a 'lumpy' or 'discontinuous' way with the concurrent moral content of the...