Moderation, contentment, work, and alms—A Buddhist household theory
AbstractThe paper deals with household theory from the angle of Buddhist thought. We build on the Buddhist terms of tanha versus chanda to express Buddhist preferences and Buddhist household theory in terms of textbook microeconomic terms. We find that preferences of Buddhist (enlightened) people may differ from those of non-Buddhist people in a systematic manner. Among other hypotheses, we deduce that Buddhists work harder than non-Buddhists if we control for meditation time. We argue that any full-grown Buddhist economics (if it is to exist) needs to build on Buddhist preference and household theory, either as presented here or in a different form.
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Bibliographic InfoArticle provided by Elsevier in its journal The Journal of Socio-Economics.
Volume (Year): 40 (2011)
Issue (Month): 6 ()
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Web page: http://www.elsevier.com/locate/inca/620175
Buddhism; Tanha; Chanda; Moderation; Happiness research;
Find related papers by JEL classification:
- D1 - Microeconomics - - Household Behavior
- Z12 - Other Special Topics - - Cultural Economics - - - Religion
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University of Chicago - George G. Stigler Center for Study of Economy and State
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