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OSTACOLI ALLO SVILUPPO? VARIAZIONI SU UN TEMA DI ALBERT HIRSCHMAN (Ostacles to Development?)

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The fundamental theme underlying Hirshman’s thought regards the nature of the process of the economic choice. He argues that the search of “appropriateness” between too much and too little, expresses our aspiration to well-being, better than the idea of an objective concerning pleasure maximization. Besides this is due to the fact that the most relevant among our choices don’t allow us to characterize an optimal solution, but press for the “appropriate” alternation of different criteria. Once the choice has been carried out, we usually aim, trough a mechanism of reduction of the cognitive dissonance, to weaken disappointment and regret for the criteria we have discarded. It is on the very base of these theses that Hirschman discusses which “strategies” could better enhance our economic choices.

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Paper provided by Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa in its series Working Papers - Economics with number wp2007_03.rdf.

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Length: 28 pages
Date of creation: 2007
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Handle: RePEc:frz:wpaper:wp2007_03.rdf

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Keywords: Economic development; cognitive dissonance; tragic choices;

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  1. Bénabou, Roland & Tirole, Jean, 2005. "Belief in a Just World and Redistributive Politics," CEPR Discussion Papers, C.E.P.R. Discussion Papers 4952, C.E.P.R. Discussion Papers.
  2. Robert J. Oxoby, 2004. "Cognitive dissonance, status and growth of the underclass," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 114(498), pages 727-749, October.
  3. Akerlof, George A & Dickens, William T, 1982. "The Economic Consequences of Cognitive Dissonance," American Economic Review, American Economic Association, American Economic Association, vol. 72(3), pages 307-19, June.
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