The Economics of Rights, Cooperation and Welfare

The Economics of Rights, Cooperation and Welfare PDF Author: Robert Sugden
Publisher: Palgrave Macmillan
ISBN: 9780333682395
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
This is a new edition - with a substantial new introduction - of a book which has had a significant impact on economics, philosophy and political science. Robert Sugden shows how conventions of property, mutual aid, and voluntary supply of public goods can evolve spontaneously out of the interactions of self-interested individuals, and can become moral norms. Sugden was among the first social scientists to use evolutionary game theory. His approach remains distinctive in emphasizing psychological and cultural notions of salience.

The Economics of Rights, Co-operation and Welfare

The Economics of Rights, Co-operation and Welfare PDF Author: R. Sugden
Publisher: Springer
ISBN: 0230536794
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
This is a new edition - with a substantial new introduction - of a book which has had a significant impact on economics, philosophy and political science. Robert Sugden shows how conventions of property, mutual aid, and voluntary supply of public goods can evolve spontaneously out of the interactions of self-interested individuals, and can become moral norms. Sugden was among the first social scientists to use evolutionary game theory. His approach remains distinctive in emphasizing psychological and cultural notions of salience.

Special Issue Title: the Economics of Rights, Cooperation and Welfare

Special Issue Title: the Economics of Rights, Cooperation and Welfare PDF Author: Luigino Bruni
Publisher:
ISBN:
Category :
Languages : en
Pages : 115

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Book Description


The Community of Advantage

The Community of Advantage PDF Author: Robert Sugden
Publisher: Oxford University Press
ISBN: 019255879X
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
The Community of Advantage asks how economists should do normative analysis. Normative analysis in economics has usually aimed at satisfying individuals' preferences. Its conclusions have supported a long- standing liberal tradition of economics that values economic freedom and views markets favourably. However, behavioural research shows that individuals' preferences, as revealed in choices, are often unstable, and vary according to contextual factors that seem irrelevant for welfare. Robert Sugden proposes a reformulation of normative economics that is compatible with what is now known about the psychology of choice. The growing consensus in favour of paternalism and 'nudging' is based on a very different way of reconciling normative economics with behavioural findings. This is to assume that people have well-defined 'latent' preferences which, because of psychologically-induced errors, are not always revealed in actual choices. The economist's job is then to reconstruct latent preferences and to design policies to satisfy them. Challenging this consensus, The Community of Advantage argues that latent preference and error are psychologically ungrounded concepts, and that economics needs to be more radical in giving up rationality assumptions. Sugden advocates a kind of normative economics that does not use the concept of preference. Its recommendations are addressed, not to an imagined 'social planner', but to citizens, viewed as potential parties to mutually beneficial agreements. Its normative criterion is the provision of opportunities for individuals to participate in voluntary transactions. Using this approach, Sugden reconstructs many of the normative conclusions of the liberal tradition. He argues that a well-functioning market economy is an institution that individuals have reason to value, whether or not their preferences satisfy conventional axioms of rationality, and that individuals' motivations in such an economy can be cooperative rather than self-interested.

The Community of Advantage

The Community of Advantage PDF Author: Robert Sugden
Publisher: Oxford University Press
ISBN: 0198825145
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 343

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Book Description
Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice.

Order without Law

Order without Law PDF Author: Robert C. ELLICKSON
Publisher: Harvard University Press
ISBN: 0674036433
Category : Law
Languages : en
Pages : 317

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Book Description
Integrating the current research in law, economics, sociology, game theory and anthropology, this text demonstrates that people largely govern themselves by means of informal rules - social norms - without the need for a state or other central co-ordinator to lay down the law.

The Economics of Welfare

The Economics of Welfare PDF Author: Arthur Cecil Pigou
Publisher: Transaction Publishers
ISBN: 1412836670
Category :
Languages : en
Pages : 948

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Welfare, Property Rights and Economic Policy

Welfare, Property Rights and Economic Policy PDF Author: Scott Gordon
Publisher: McGill-Queen's Press - MQUP
ISBN: 0886291437
Category : Business & Economics
Languages : en
Pages : 192

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Book Description


Econ of Rights Co-Op and Welfare

Econ of Rights Co-Op and Welfare PDF Author: Sugdrn
Publisher: Wiley-Blackwell
ISBN: 9780855207755
Category :
Languages : en
Pages :

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Instrumental Rationality and Moral Philosophy

Instrumental Rationality and Moral Philosophy PDF Author: B. Verbeek
Publisher: Springer Science & Business Media
ISBN: 9401599823
Category : Philosophy
Languages : en
Pages : 394

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Book Description
Many academic authors incur debts in the production of their work, many of which are intellectual. I am no exception. One of my intellectual debts is to three remarkable books, which formed the starting point for my thinking about norms. The first of these books is well known among philosophers: David Lewis' Convention. In vintage Lewisian prose, the book gives a lucid and convincing conventionalist analysis of semantic norms. The second 1985 dissertation Wederkerige book is Govert den Hartogh's Verwachtingen (Mutual Expectations). Partly because it was written in Dutch - my native tongue -partly because of the occasionally impenetrable style, it never got the attention it deserves. In that book, Den Hartogh extends Lewis' analysis of semantic norms to moral norms. Den Hartogh introduced the notion of cooperative virtues that is the focus of much of this book. The third book is a book on economics, largely ignored by economists, which only lately has started to receive some recognition among philosophers: Robert Sugden's The Economics of Rights, Co operation and Welfare. Sugden's book explains the emergence and stability of norms in terms of social evolution. Though all three books develop a of norms, their arguments and constructions are conventionalist account very different. Lewis and Den Hartogh take the picture of rational man deliberating about his course of action very serious; Sugden rejects this picture as unrealistic and unnecessary.