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Economic Models of Sin and Remorse: Some Simple Analytics

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  • Joseph Eisenhauer
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    Abstract

    Economists have recently shown a renewed interest in studying immoral behavior and the feelings of guilt or remorse that such acts engender. Yet the research in this nascent literature has generally lacked mathematical rigor and precision, and the disparate models have not been reconciled with one another. The present paper reviews and formalizes several such efforts in an attempt to form a more unified starting point for future research in this area.

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    File URL: http://www.tandfonline.com/doi/abs/10.1080/00346760410001684442
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Review of Social Economy.

    Volume (Year): 62 (2004)
    Issue (Month): 2 ()
    Pages: 201-219

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    Handle: RePEc:taf:rsocec:v:62:y:2004:i:2:p:201-219

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    Keywords: morality; sin; contrition; remorse;

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    Cited by:
    1. Kerri Brick & Martine Visser & Justine Burns, 2011. "Risk Aversion: Experimental Evidence from South African Fishing Communities," Working Papers 227, Economic Research Southern Africa.
    2. Marcela Ibanez & Fredrik Carlsson, 2009. "A survey-based choice experiment on coca cultivation," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 17, Courant Research Centre PEG.
    3. Joseph G. Eisenhauer, 2006. "The Shadow Price of Morality," Eastern Economic Journal, Eastern Economic Association, vol. 32(3), pages 437-456, Summer.
    4. Ibanez, Marcela & Martinsson, Peter, 2013. "Curbing coca cultivation in Colombia — A framed field experiment," Journal of Public Economics, Elsevier, vol. 105(C), pages 1-10.
    5. Eisenhauer, Joseph G., 2008. "Ethical preferences, risk aversion, and taxpayer behavior," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(1), pages 45-63, February.

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