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Ethical Implementation and the Creation of Moral Values

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Author Info
Juan Perote Peña () (Universidad Pablo de Olavide de Sevilla.)

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Abstract

The purpose of this paper is twofold: first, we propose a coherent model of implementation of ethical norms that we believe is both compatible with the rigorous decision analysis of game theory and with the well-established tradition of ethics in moral philosophy and argue that this kind of models must be considered and complement the existing implementation theory. Furthermore, we explore the model from a normative and axiomatic viewpoint and prove that a complete and ''coherent'' ethical system under our assumptions cannot be founded in any of these two simple moral maxima: the first entails the “moral punishment of induction” (inducing somebody to desire to do something wrong) and the second, called ''respecting reciprocity'' is an operative version of the “golden rule”: do not do others what you would not like to be done.

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Publisher Info
Paper provided by Centro de Estudios Andaluces in its series Economic Working Papers at Centro de Estudios Andaluces with number E2003/25.

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Length: 36 pages
Date of creation: 2003
Date of revision:
Handle: RePEc:cea:doctra:e2003_25

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Related research
Keywords: Moral implementation; punishment of induction; reciprocity; moral codes; ethics.;

Find related papers by JEL classification:
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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References listed on IDEAS
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  1. Kotaro Suzumura, 1999. "Consequences, opportunities, and procedures," Social Choice and Welfare, Springer, vol. 16(1), pages 17-40. [Downloadable!] (restricted)
    Other versions:
  2. Louis Kaplow & Steven Shavell, 2001. "Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System," NBER Working Papers 8688, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Matthew O. Jackson, 2001. "A crash course in implementation theory," Social Choice and Welfare, Springer, vol. 18(4), pages 655-708. [Downloadable!] (restricted)
    Other versions:
  4. Suzumura, Kotaro & Xu, Yongsheng, 2001. "Characterizations of Consequentialism and Nonconsequentialism," Journal of Economic Theory, Elsevier, vol. 101(2), pages 423-436, December. [Downloadable!] (restricted)
    Other versions:
  5. Dufwenberg, M. & Kirchsteiger, G., 1998. "A theory of sequential reciprocity," Discussion Paper 37, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  6. Edi Karni & Zvi Safra, 2002. "Individual Sense of Justice: A Utility Representation," Econometrica, Econometric Society, vol. 70(1), pages 263-284, January. [Downloadable!] (restricted)
  7. Andreoni, James & Brown, Paul M. & Vesterlund, Lise, 2002. "What Makes an Allocation Fair? Some Experimental Evidence," Games and Economic Behavior, Elsevier, vol. 40(1), pages 1-24, July. [Downloadable!] (restricted)
  8. Hammond, P.J. & , ., 1987. "Consequentialist foundations for expected utility," CORE Discussion Papers 1987016, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  9. Rabin, Matthew, 1993. "Incorporating Fairness into Game Theory and Economics," American Economic Review, American Economic Association, vol. 83(5), pages 1281-1302, December. [Downloadable!] (restricted)
  10. Binmore, Ken & McCarthy, John & Ponti, Giovanni & Samuelson, Larry & Shaked, Avner, 2002. "A Backward Induction Experiment," Journal of Economic Theory, Elsevier, vol. 104(1), pages 48-88, May. [Downloadable!] (restricted)
  11. Johnson, Eric J. & Camerer, Colin & Sen, Sankar & Rymon, Talia, 2002. "Detecting Failures of Backward Induction: Monitoring Information Search in Sequential Bargaining," Journal of Economic Theory, Elsevier, vol. 104(1), pages 16-47, May. [Downloadable!] (restricted)
  12. Jackson, Matthew O. & Palfrey, Thomas R., 2001. "Voluntary Implementation," Journal of Economic Theory, Elsevier, vol. 98(1), pages 1-25, May. [Downloadable!] (restricted)
    Other versions:
    • Jackson, Matthew O. & Palfrey, Thomas R., 1999. "Voluntary Implementation," Working Papers 1077, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  13. Johnson, Eric J. & Camerer, Colin & Sen, Sankar & Rymon, Talia, 1998. "Detecting Failures of Backward Induction: Monitoring Information Search in Sequential Bargaining," Working Papers 1040, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
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