Advanced Search
MyIDEAS: Login to save this paper or follow this series

Foolishness and identity: Amartya Sen and Adam Smith

Contents:

Author Info

  • Caroline Gerschlager
Registered author(s):

    Abstract

    Drawing on Amartya Sen the paper aims at a better understanding of the motivational foundation of the economic agent by analysing Adam Smith’s insights into the foolishness of human ambitions. It inquires whether there is another side to the pursuit of self-interest in Adam Smith and particularly accentuates his parable of the poor man’s son as a prototypical example. Complementing the standard views of the self and their recent extensions, the present analysis of the parable advances a description of economic identity based on selfreflexivity and conscious change of preferences.

    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: https://dipot.ulb.ac.be/dspace/bitstream/2013/13590/1/dul-0073.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by ULB -- Universite Libre de Bruxelles in its series DULBEA Working Papers with number 08-03.RS.

    as in new window
    Length:
    Date of creation: Jan 2008
    Date of revision:
    Publication status: Published by: ULB, DULBEA
    Handle: RePEc:dul:wpaper:08-03rs

    Contact details of provider:
    Postal: CP135, 50, avenue F.D. Roosevelt, 1050 Bruxelles
    Web page: http://difusion.ulb.ac.be
    More information through EDIRC

    Related research

    Keywords: hypertrophic self-love; self-deceit; illusion; change of preference; self-reflexivity.;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Maria Jepsen & Sile Padraigin O'Dorchai & Robert Plasman & François Rycx, 2005. "The wage penalty induced by part-time work: the case of Belgium," DULBEA Working Papers 05-17, ULB -- Universite Libre de Bruxelles.
    2. Michele Cincera, 2011. "Déterminants des oppositions de brevets. Une analyse microéconomique au niveau belge," Revue économique, Presses de Sciences-Po, vol. 62(1), pages 87-99.
    3. Gannon, Brenda & Plasman, Robert & Rycx, Francois & Tojerow, Ilan, 2005. "Inter-Industry Wage Differentials and the Gender Wage Gap: Evidence from European Countries," IZA Discussion Papers 1563, Institute for the Study of Labor (IZA).
    4. Ilan Tojerow & Robert Plasman & Michael Rusinek, 2007. "La structure des salaires en Belgique," ULB Institutional Repository 2013/8825, ULB -- Universite Libre de Bruxelles.
    5. Sendhil Mullainathan & Richard H. Thaler, 2000. "Behavioral Economics," NBER Working Papers 7948, National Bureau of Economic Research, Inc.
    6. Plasman, Robert & Rusinek, Michael & Rycx, Francois, 2006. "Wages and the Bargaining Regime under Multi-level Bargaining: Belgium, Denmark and Spain," IZA Discussion Papers 1990, Institute for the Study of Labor (IZA).
    7. Alan Kirman & Miriam Teschl, 2006. "Searching for identity in the capability space," Journal of Economic Methodology, Taylor & Francis Journals, vol. 13(3), pages 299-325.
    8. Pierre-Guillaume Méon & Anne-France Delannay, 2006. "The impact of European integration on the nineties' wave of mergers and acquisitions," ULB Institutional Repository 2013/8366, ULB -- Universite Libre de Bruxelles.
    9. Giuseppe Diana & Pierre-Guillaume Méon, 2008. "Monetary Policy in the Presence of Asymmetric Wage Indexation," Southern Economic Journal, Southern Economic Association, vol. 75(1), pages 69-90, July.
    10. Olga Bourachnikova, 2007. "Weighting function in the behavioral portfolio theory," DULBEA Working Papers 07-07.RS, ULB -- Universite Libre de Bruxelles.
    11. T. Biebuyck & Ariane Chapelle & Ariane Szafarz, 2005. "Les leviers de contrôle des actionnaires majoritaires," ULB Institutional Repository 2013/719, ULB -- Universite Libre de Bruxelles.
    12. Ariane Chapelle & Ariane Szafarz, 2005. "Controlling firms through the majority voting rule," Working Papers CEB 05-004.RS, ULB -- Universite Libre de Bruxelles.
    13. Robert Plasman & François Rycx & Ilan Tojerow, 2007. "Wage differentials in Belgium: the role of worker and employer characteristics," DULBEA Working Papers 07-12.RS, ULB -- Universite Libre de Bruxelles.
    14. Thierry Lallemand & Robert Plasman & François Rycx, 2005. "Women and competition in elimination tournaments: evidence from professional tennis data," DULBEA Working Papers 05-19.RS, ULB -- Universite Libre de Bruxelles.
    15. Marc Lévy, 2007. "Control in pyramidal structures," DULBEA Working Papers 07-08.RS, ULB -- Universite Libre de Bruxelles.
    16. Michele Cincera, 2005. "The link between firms' R&D by type of activity and source of funding and the decision to patent," DULBEA Working Papers 05-10.RS, ULB -- Universite Libre de Bruxelles.
    17. Khalid Sekkat & Marie-Ange Veganzones, 2005. "Trade and foreign exchange liberalization, investment climate and FDI in the MENA," DULBEA Working Papers 05-06.RS, ULB -- Universite Libre de Bruxelles.
    18. S. Illeris & G. Akehurst, 2002. "Introduction," The Service Industries Journal, Taylor & Francis Journals, vol. 22(1), pages 1-3, January.
    19. Vriend, Nicolaas J., 1996. "Rational behavior and economic theory," Journal of Economic Behavior & Organization, Elsevier, vol. 29(2), pages 263-285, March.
    20. Ariane Szafarz, 2007. "Hiring people-like-yourself: a representation of discrimination on the job market," Working Papers CEB 07-021.RS, ULB -- Universite Libre de Bruxelles.
    21. Pierre-Guillaume Méon & Laurent Weill, 2005. "Can mergers in Europe help banks hedge against macroeconomic risk?," DULBEA Working Papers in, ULB -- Universite Libre de Bruxelles.
    22. Caroline Gerschlager, 2007. "Adam Smith's account of self-deceit and informal institutions," DULBEA Working Papers 07-10.RS, ULB -- Universite Libre de Bruxelles.
    23. Thierry Lallemand & Robert Plasman & François Rycx, 2005. "The establishment-size wage premium: evidence from European countries," DULBEA Working Papers 05-07.RS, ULB -- Universite Libre de Bruxelles.
    24. Amynah Vanessa Gangji & Robert Plasman, 2007. "The Matthew effect of unemployment: how does it affect wages in Belgium," DULBEA Working Papers 07-19.RS, ULB -- Universite Libre de Bruxelles.
    25. Levy, David M. & Peart, Sandra J., 2004. "Sympathy And Approbation In Hume And Smith: A Solution To The Other Rational Species Problem," Economics and Philosophy, Cambridge University Press, vol. 20(02), pages 331-349, October.
    26. Régis Blazy & Laurent Weill, 2007. "The impact of legal sanctions on moral hazard when debt contracts are renegotiable?," Working Papers CEB 07-012.RS, ULB -- Universite Libre de Bruxelles.
    27. Michel Beine & Pierre-Yves Preumont & Ariane Szafarz, 2006. "Sector diversification during crises: a European perspective," DULBEA Working Papers 06-07.RS, ULB -- Universite Libre de Bruxelles.
    28. Didier Baudewyns & Benoît Bayenet & Robert Plasman & Catherine Van Den Steen, 2006. "Impact de la fiscalité et des dépenses communales sur la localisation intra-métropolitaine des entreprises et des ménages: Bruxelles et sa périphérie," DULBEA Working Papers 06-08.RR, ULB -- Universite Libre de Bruxelles.
    29. Michele Cincera & Lydia Greunz & Jean-Luc Guyot & Olivier Lohest, 2006. "Capital humain et processus de création d'entreprise: le cas des primo-créateurs wallons," DULBEA Working Papers 06-11.RS, ULB -- Universite Libre de Bruxelles.
    30. Thierry Lallemand & Robert Plasman & François Rycx, 2009. "Wage structure and firm productivity in Belgium," ULB Institutional Repository 2013/8733, ULB -- Universite Libre de Bruxelles.
    31. Janine Leschke, 2007. "Are unemployment insurance systems in Europe adapting to new risks arising from non-standard employment?," DULBEA Working Papers 07-05.RS, ULB -- Universite Libre de Bruxelles.
    32. Khalil, Elias L., 1999. "Sentimental fools: a critique of Amartya Sen's notion of commitment," Journal of Economic Behavior & Organization, Elsevier, vol. 40(4), pages 373-386, December.
    33. Régis Blazy & Laurent Weill, 2006. "The Impact of Legal Sanctions on Moral Hazard when Debt Contracts are Renegotiable," LSF Research Working Paper Series 06-09, Luxembourg School of Finance, University of Luxembourg.
    34. Oscar Bernal Diaz & Jean-Yves Gnabo, 2007. "Talks, financial operations or both? Generalizing central banks' FX reaction functions," DULBEA Working Papers 07-03.RS, ULB -- Universite Libre de Bruxelles.
    35. Khalid Sekkat & Pierre-Guillaume Méon, 2008. "Institutional quality and trade: which institutions? Which trade?," ULB Institutional Repository 2013/7372, ULB -- Universite Libre de Bruxelles.
    36. Klamer, Arjo, 1989. "A Conversation with Amartya Sen," Journal of Economic Perspectives, American Economic Association, vol. 3(1), pages 135-50, Winter.
    37. George A. Akerlof & Rachel E. Kranton, 2000. "Economics And Identity," The Quarterly Journal of Economics, MIT Press, vol. 115(3), pages 715-753, August.
    38. Jean Luc De Meulemeester, 2007. "L'économie de l'éducation fait-elle des progrès? Une perspective d'histoire de la pensée économique," DULBEA Working Papers 07-15.RS, ULB -- Universite Libre de Bruxelles.
    39. Coase, R H, 1976. "Adam Smith's Views of Man," Journal of Law and Economics, University of Chicago Press, vol. 19(3), pages 529-46, October.
    40. Bernal, Oscar & Gnabo, Jean-Yves, 2009. "Announcements, financial operations or both? Generalizing central banks' FX reaction functions," Journal of the Japanese and International Economies, Elsevier, vol. 23(4), pages 367-394, December.
    41. Amynah Gangji & Robert Plasman, 2008. "Microeconomic analysis of unemployment persistence in Belgium," International Journal of Manpower, Emerald Group Publishing, vol. 29(3), pages 280-298, July.
    42. Beine, Michel & Bernal, Oscar, 2007. "Why do central banks intervene secretly?: Preliminary evidence from the BoJ," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 17(3), pages 291-306, July.
    43. Michele Cincera & Verena Bikar & Henri Capron, 2006. "An integrated evaluation scheme of innovation systems from an institutional perspective," DULBEA Working Papers 06-09.RS, ULB -- Universite Libre de Bruxelles.
    44. George A. Akerlof & Rachel E. Kranton, 2005. "Identity and the Economics of Organizations," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 9-32, Winter.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Oscar Bernal Diaz & Kim Oosterlinck & Ariane Szafarz, 2009. "Observing bailout expectations during a total eclipse of the sun," DULBEA Working Papers 09-01.RS, ULB -- Universite Libre de Bruxelles.
    2. Jean-Luc Demeulemeester & Olivier Debande, 2008. "Quality and Variety Competition in Higher Education," Working Papers 08-10, Association Française de Cliométrie (AFC).
    3. Pierre-Guillaume Méon & Ariane Szafarz, 2008. "Labour market discrimination as an agency cost," Working Papers CEB 08-019.RS, ULB -- Universite Libre de Bruxelles.
    4. Hassan Ayoub & Jérôme Creel & Etienne Farvaque, 2008. "Détermination du niveau des prix et finances: le cas du Liban 1965-2005," DULBEA Working Papers 08-10.RS, ULB -- Universite Libre de Bruxelles.
    5. Charles Plaigin, 2009. "Exploratory study on the presence of cultural and institutional growth spillovers," DULBEA Working Papers 09-03.RS, ULB -- Universite Libre de Bruxelles.
    6. Benoît Mahy & François Rycx & Mélanie Volral, 2008. "L'influence de la dispersion salariale sur la performance des grandes entreprises belges," DULBEA Working Papers 08-13.RS, ULB -- Universite Libre de Bruxelles.
    7. Pecchenino, Rowena A., 2009. "Becoming: Identity and spirituality," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(1), pages 31-36, January.
    8. Sile Padraigin O'Dorchai, 2008. "Pay inequality in 25 European countries," DULBEA Working Papers 08-06rs, ULB -- Universite Libre de Bruxelles.
    9. Abdeslam Marfouk, 2008. "The African brain drain: scope and determinants," DULBEA Working Papers 08-07.RS, ULB -- Universite Libre de Bruxelles.

    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:dul:wpaper:08-03rs. 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: (Benoit Pauwels).

    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.