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Frugality

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Author Info

  • Argandoña, Antonio

    ()
    (IESE Business School)

Abstract

Frugality is a little studied virtue, but one that is important to the lives of individuals and families, communities and broader societies. In this article we consider what we mean by frugality and discuss its role in the decision-making process, within action theory. This leads us to a normative explanation of why frugality is needed and what it signifies. (Also available in Spanish)

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Bibliographic Info

Paper provided by IESE Business School in its series IESE Research Papers with number D/873.

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Length: 18 pages
Date of creation: 21 Jul 2010
Date of revision:
Handle: RePEc:ebg:iesewp:d-0873

Contact details of provider:
Postal: IESE Business School, Av Pearson 21, 08034 Barcelona, SPAIN
Web page: http://www.iese.edu/
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Related research

Keywords: Action theory; Frugality; Lifestyle; Prudence; Saving; Sobriety; Temperance; Virtue;

This paper has been announced in the following NEP Reports:

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