Altruism, Morality, and Economic Theory

Author: Edmund S. Phelps  

Publisher: Russell Sage Foundation‎

Publication year: 1975

E-ISBN: 9781610446792

P-ISBN(Paperback): 9780871546593

P-ISBN(Hardback):  9780871546593

Subject: F0 Economics

Keyword: Economics -- Congresses., Social ethics -- Congresses.

Language: ENG

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Altruism, Morality, and Economic Theory

Description

Presents a collection of papers by economists theorizing on the roles of altruism and morality versus self-interest in the shaping of human behavior and institutions. Specifically, the authors examine why some persons behave in an altruistic way without any apparent reward, thus defying the economists model of utility maximization. The chapters are accompanied by commentaries from representatives of other disciplines, including law and philosophy.

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