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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 model, an individual receives random temptations (such as bribe offers) and must decide which to resist. Individual actions depend both on conscious intent and a type...

Persistent link: https://www.econbiz.de/10012464139

Learning and Disagreement in an Uncertain World

Acemoglu, Daron - 2006

Most economic analyses presume that there are limited differences in the prior beliefs of individuals, as assumption most often justified by the argument that sufficient common experiences and observations will eliminate disagreements. We investigate this claim using a simple model of Bayesian...

Persistent link: https://www.econbiz.de/10012466013

Integrating Ethical Values and Economic Value to Steer Progress in Artificial Intelligence

Korinek, Anton - 2019

Economics and ethics both offer important perspectives on our society, but they do so from two different viewpoints … - the central focus of economics is how the price system in our economy values resources; the central focus of ethics is the …

Persistent link: https://www.econbiz.de/10012480076

Ethical Foundations of Financial Regulation

Kane, Edward J. - 1997

Regulation consists of rulemaking and enforcement. Economic theory offers two complementary rationales for regulating financial institutions. Altruistic public-benefits theories treat rules as governmental instruments for increas- ing fairness and efficiency across society as a whole....

Persistent link: https://www.econbiz.de/10012472798

'Morality and Political Economy' from the Vantage Point of Economics

Enke, Benjamin - National Bureau of Economic Research - 2024

This article calls for a greater integration of moral psychology and political economy. While these disciplines were initially deeply intertwined, cross-disciplinary exchange became rare throughout the 20th century. More recently, the tide has shifted again - social scientists of different...

Persistent link: https://www.econbiz.de/10014512133

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 be employed to govern individuals' behavior if the objective were to maximize social welfare. In our model, we analyze how the optimal use of guilt and virtue is influenced by...

Persistent link: https://www.econbiz.de/10012470027

The Value of Honesty : Empirical Estimates from the Case of the Missing Children

LaLumia, Sara - 2011

How much are people willing to forego to be honest, to follow the rules? When people do break the rules, what can standard data sources tell us about their behavior? Standard economic models of crime typically assume that individuals are indifferent to dishonesty, so that they will cheat or lie...

Persistent link: https://www.econbiz.de/10012461410

Ends versus Means : Kantians, Utilitarians, and Moral Decisions

Bénabou, Roland; Falk, Armin; Henkel, Luca - National Bureau of Economic Research - 2024

Choosing what is morally right can be based on the consequences (ends) resulting from the decision - the Consequentialist view - or on the conformity of the means involved with some overarching notion of duty - the Deontological view. Using a series of experiments, we investigate the overall...

Persistent link: https://www.econbiz.de/10014468273

Efficiency-Morality Trade-Offs in Repugnant Transactions : A Choice Experiment

Elias, Julio J. - 2016

conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors …

Persistent link: https://www.econbiz.de/10012456048

Dishonest Behavior : Sin Big or Go Home

Aimone, Jason A. - 2019

conduct a standard 6-sided die rolling lying study within a population that believes that God has knowledge of all their … actions. Within this population, we find that those who attend church frequently appear to refrain from lying while those that … how our data fits into the theoretical work on lying …

Persistent link: https://www.econbiz.de/10012479697

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