Advanced Search
MyIDEAS: Login

Une approche économique de la notion de prudence

Contents:

Author Info

  • Gérard Mondello

Abstract

[fre] Ce texte a pour objet principal de sensibiliser l'économiste à la nécessité d'appréhender une question qui n'a été abordée, véritablement, que dans le domaine juridique : celle de la prudence. Les implications pour les économistes des préoccupations juridiques sont évidentes. En effet, assigner par un Traité, un contrat, une convention etc., la nécessité d'adopter un comportement prudent implique que l'économiste soit en mesure de spécifier les caractères prudents des actions qu'il entreprend. Nous avons limité la notion de prudence à une notion un peu abstraite : l'utilité intertemporelle associée à la conservation ou la diminution temporelle des options de choix futurs. Le domaine du choix prudentiel a été circonscrit à la notion de la compatibilité de choix de positions flexibles ou irréversibles au niveau individuel ou collectif. Préserver la viabilité des institutions constitue l'acte prudentiel par excellence, il est le seul garant de la préservation des espaces de choix des agents dans le temps. La prudence, pour être opérationnelle et considérée comme objet d'étude en théorie économique doit pouvoir être appréhendée, au niveau institutionnel. Toute recherche future dans ce domaine doit s'orienter vers la définition de la compatibilité des rationalités des agents et de celles des institutions. [eng] This text aims mainly at making the economist aware of the necessity to deal with a question which belongs to the sole Law theory — that is to say, the concept of prudence. Implications for economist of such lawyer's preoccupations are evident. Indeed, To enforce by a Treaty, a contract, a convention etc., the necessity of adopting a prudent behavior brings about that the economist should be able to specify the prudent implications of the actions he undertakes. We have limited the notion of prudence to something a little bit abstract : the intertemporal utility linked to the conservation or the diminution of future option of choice. The scope of the prudential choice has been limited to the notion of compatibility or irreversible position at an individual or collective level. Preserving the viability of instituions constitutes the prudential act by «excellence». It only guarantees the preservation of the agents' temporal spaces of choice. Prudence, as an operational tool, has to be dealt to an institutional level. Every future research in this scope must be directed towards the understanding of the compatibility of the individual rationality and collective rationality.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://dx.doi.org/10.3406/rfeco.1993.934
Download Restriction: no

File URL: http://www.persee.fr/articleAsPDF/rfeco_0769-0479_1993_num_8_3_934/rfeco_0769-0479_1993_num_8_3_934.pdf?mode=light
Download Restriction: no

Bibliographic Info

Article provided by Programme National Persée in its journal Revue française d'économie.

Volume (Year): 8 (1993)
Issue (Month): 3 ()
Pages: 37-68

as in new window
Handle: RePEc:prs:rfreco:rfeco_0769-0479_1993_num_8_3_934

Note: DOI:10.3406/rfeco.1993.934
Contact details of provider:
Web page: http://www.persee.fr/web/revues/home/prescript/revue/rfeco

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:prs:rfreco:rfeco_0769-0479_1993_num_8_3_934. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.