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Rationalizations and political polarization
Le Yaouanq, Yves; Schwardmann, Peter; Weele, Joël J. … - 2025
We present a self- and social-signaling model formalizing findings in political psychology that moral and political judgments stem primarily from intuition and emotion, while reasoning serves to rationalize these intuitions to maintain an image of impartiality. In social interactions, agents’...
Persistent link: https://www.econbiz.de/10015404496
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The Mystery of the Ultimatum Game : Why We Are Predictably Irrational
Kobayashi, Kayoko - 2025
irrational and proposes "adaptive rationality," a new direction for understanding human behavior. Taking anomalies in ultimatum … nature of the book, which encompasses the latest research across an astonishingly wide range of fields—including game theory … excitement. While this is an academic book discussing human rationality, it can also be seen as a popular science book that …
Persistent link: https://www.econbiz.de/10015328643
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Evolutionary economics and household behavior
Horioka, Charles - 2014
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the … neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
Persistent link: https://www.econbiz.de/10010390070
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Evolutionary economics and household behavior
Horioka, Charles - 2014
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the … neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
Persistent link: https://www.econbiz.de/10010390395
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Evolutionary economics and household behavior
Horioka, Charles - In: The Philippine review of economics : a joint … 51 (2014) 2, pp. 67-82
Persistent link: https://www.econbiz.de/10010528438
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Theories of fairness and reciprocity : evidence and economic applications
Fehr, Ernst; Schmidt, Klaus M. - 2001 - This version: December 23, 2000
Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10010440965
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The strategy method risks conflating confusion with a social preference for conditional cooperation in public goods games
Burton-Chellew, Maxwell N.; D'Amico, Victoire; Guérin, … - In: Games 13 (2022) 6, pp. 1-10
The strategy method is often used in public goods games to measure an individual's willingness to cooperate depending on the level of cooperation by their groupmates (conditional cooperation). However, while the strategy method is informative, it risks conflating confusion with a desire for fair...
Persistent link: https://www.econbiz.de/10014418083
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Homo Moralis and regular altruists - preference evolution for when they disagree
Akdeniz, Aslihan; Graser, Christopher; Veelen, Matthijs van - 2020
Alger and Weibull (2013) present a model for the evolution of preferences under incomplete information and assortative matching. Their main result is that Homo Moralis - who maximizes a convex combination of her narrow self-interest and "the right thing to do" - is evolutionarily stable, if it...
Persistent link: https://www.econbiz.de/10012427573
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How everyday ethics becomes a moral economy, and vice versa
Keane, Webb - 2019
Unrealistic assumptions underlying neo-classical economic theory have been challenged by both behavioral economics and … studies of moral economy. But both challengers share certain features with neo-classical theory. Complementing them, recent … work in the anthropology of ethics shows that economic behavior is not reducible to either individual psychology or …
Persistent link: https://www.econbiz.de/10012122489
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How everyday ethics becomes a moral economy, and vice versa
Keane, Webb - 2019
Unrealistic assumptions underlying neo-classical economic theory have been challenged by both behavioral economics and … studies of moral economy. But both challengers share certain features with neo-classical theory. Complementing them, recent … work in the anthropology of ethics shows that economic behavior is not reducible to either individual psychology or …
Persistent link: https://www.econbiz.de/10011964230