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Choosing the Future : Markets, Ethics, and Rapprochement in Social Discounting
Millner, Antony; Heal, Geoffrey - National Bureau of Economic Research - 2021
This paper provides a critical review of the literature on choosing social discount rates (SDRs) for public cost-benefit analysis. We discuss two dominant approaches, the first based on market prices, and the second based on intertemporal ethics. While both methods have attractive features,...
Persistent link: https://www.econbiz.de/10012510532
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The Moral Preferences of Investors : Experimental Evidence
Bonnefon, Jean-François; Landier, Augustin; Sastry, … - National Bureau of Economic Research - 2022
We characterize investors' moral preferences in a parsimonious experimental setting, where we auction stocks with …
Persistent link: https://www.econbiz.de/10012814422
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Integrating Ethical Values and Economic Value to Steer Progress in Artificial Intelligence
Korinek, Anton - 2019
moral evaluation of actions in our society. The rise of Artificial Intelligence (AI) forces humanity to confront new areas …
Persistent link: https://www.econbiz.de/10012480076
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Moral Universalism and the Structure of Ideology
Enke, Benjamin - 2020
paper proposes that what partly explains the structure of ideology is moral universalism: the extent to which people …
Persistent link: https://www.econbiz.de/10012481366
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A Call for Structured Ethics Appendices in Social Science Papers
Asiedu, Edward; Karlan, Dean; Lambon-Quayefio, Monica P.; … - National Bureau of Economic Research - 2021
Ethics in social science experimentation and data collection are often discussed but rarely articulated in writing as part of research outputs. Although papers typically reference human subjects research approvals from relevant institutional review boards, most recognize that such boards are not...
Persistent link: https://www.econbiz.de/10012482611
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The Economics of Cultural Transmission and Socialization
Bisin, Alberto - 2010
Cultural transmission arguably plays an important role in the determination of many fundamental preference traits (e.g., discounting, risk aversion and altruism) and most cultural traits, social norms, and ideological tenets ( e.g., attitudes towards family and fertility practices, and attitudes...
Persistent link: https://www.econbiz.de/10012462145
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Self-Esteem, Moral Capital, and Wrongdoing
Dal Bó, Ernesto - 2008
We present an infinite-horizon model of moral standards where self-esteem and unconscious drives play key roles. In the … individuals to build an introspective reputation for goodness ("moral capital") and for good actions to lead to a stronger … disposition to do good. Bad actions destroy moral capital and lock-in further wrongdoing. Economic shocks that result in higher …
Persistent link: https://www.econbiz.de/10012464139
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Social Capital as Good Culture
Guiso, Luigi - 2007
To explain the extremely long-term persistence (more than 500 years) of positive historical experiences of cooperation (Putnam 1993), we model the intergenerational transmission of priors about the trustworthiness of others. We show that this transmission tends to be biased toward excessively...
Persistent link: https://www.econbiz.de/10012464934
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Economic Analysis of Welfare Economics, Morality and the Law
Shavell, Steven - 2003
This paper contains the chapters on welfare economics, morality, and the law from a general, forthcoming book, Foundations of Economic Analysis of Law (Harvard University Press, 2003). I begin in chapter 26 with a discussion of the normative foundations of economic analysis, namely, the subject...
Persistent link: https://www.econbiz.de/10012468998
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Moral Rules and the Moral Sentiments : Toward a Theory of an Optimal Moral System
Kaplow, Louis - 2001
We examine how moral sanctions and rewards, notably the moral sentiments involving feelings of guilt and virtue, would … inculcating moral rules, constraints on the capacity to experience guilt and virtue, the fact that guilt and virtue often must be …
Persistent link: https://www.econbiz.de/10012470027