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The hidden economy of esteem

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  • Brennan, Geoffrey
  • Pettit, Philip

Abstract

A generation of social theorists have argued that if free-rider considerations show that certain collective action predicaments are unresolvable under individual, rational choice – unresolvable under an arrangement where each is free to pursue their own relative advantage – then those considerations will equally show that the predicaments cannot be resolved by recourse to norms (Buchanan, 1975, p. 132; Heath, 1976, p. 30; Sober and Wilson, 1998, 156ff; Taylor, 1987, p. 144). If free-rider considerations explain why people do not spontaneously keep the streets clean, though they would each prefer unlittered streets, then those considerations will also explain why there is no effective norm against littering the streets.

Suggested Citation

  • Brennan, Geoffrey & Pettit, Philip, 2000. "The hidden economy of esteem," Economics and Philosophy, Cambridge University Press, vol. 16(1), pages 77-98, April.
    • Handle: RePEc:cup:ecnphi:v:16:y:2000:i:01:p:77-98_00
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    Cited by:

    1. Melissa Newham & Rune Midjord, 2018. "Herd Behavior in FDA Committees: A Structural Approach," Discussion Papers of DIW Berlin 1744, DIW Berlin, German Institute for Economic Research.
    2. Mark Koyama, 2012. "Prosecution Associations in Industrial Revolution England: Private Providers of Public Goods?," The Journal of Legal Studies, University of Chicago Press, vol. 41(1), pages 95-130.
    3. Donna Rowen & Michael Dietrich, 2004. "Incorporating Ethics into Economics: Problems and Possibilities," Working Papers 2004006, The University of Sheffield, Department of Economics, revised Jul 2004.
    4. Joan Costa-Font & Nattavudh Powdthavee, 2023. "Does money strengthen our social ties? Longitudinal evidence of lottery winners," Rationality and Society, , vol. 35(2), pages 139-166, May.
    5. Nyborg, Karine & Rege, Mari, 2003. "Does Public Policy Crowd Out Private Contributions to Public Goods," Public Choice, Springer, vol. 115(3-4), pages 397-418, June.
    6. Matthias Greiff, 2019. "Team Production and Esteem: A Dual Selves Model with Belief-Dependent Preferences," Games, MDPI, vol. 10(3), pages 1-20, August.
    7. Geoffrey Brennan & Michael Brooks, 2007. "Esteem-based contributions and optimality in public goods supply," Public Choice, Springer, vol. 130(3), pages 457-470, March.
    8. Dhammika Dharmapala & Richard H. McAdams, 2005. "Words That Kill? An Economic Model of the Influence of Speech on Behavior (with Particular Reference to Hate Speech)," The Journal of Legal Studies, University of Chicago Press, vol. 34(1), pages 93-136, January.
    9. Melissa Newham & Rune Midjord, 2019. "Do Expert Panelists Herd? Evidence from FDA Committees," Discussion Papers of DIW Berlin 1825, DIW Berlin, German Institute for Economic Research.
    10. Dhammika Dharmapala & Richard H. McAdams, 2003. "Words that Kill? Economic Perspectives on Hate Speech and Hate Crimes," Working papers 2003-05, University of Connecticut, Department of Economics.
    11. Volckart, Oliver, 2004. "The economics of feuding in late medieval Germany," Explorations in Economic History, Elsevier, vol. 41(3), pages 282-299, July.
    12. Matthias Greiff, 2013. "Rewards and the private provision of public goods on dynamic networks," Journal of Evolutionary Economics, Springer, vol. 23(5), pages 1001-1021, November.
    13. Cowen, Tyler & Glazer, Amihai, 2007. "Esteem and ignorance," Journal of Economic Behavior & Organization, Elsevier, vol. 63(3), pages 373-383, July.
    14. Alexandros-Andreas Kyrtsis, 2011. "Insurance of Techno-Organizational Ventures and Procedural Ethics: Lessons from the Deepwater Horizon Explosion," Journal of Business Ethics, Springer, vol. 103(1), pages 45-61, April.
    15. David M. Levy & Dalibor Roháč, 2009. "Praiseworthiness and Endogenous Growth," Prague Economic Papers, Prague University of Economics and Business, vol. 2009(3), pages 220-234.
    16. Robert Sugden, 2019. "Awards, incentives and mutual benefit," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 66(1), pages 5-16, March.
    17. Rupert Sausgruber, 2005. "Testing for Team Spirit - An Experimental Study," Experimental 0508001, University Library of Munich, Germany.
    18. Matthias Greiff & Fabian Paetzel, 2012. "Reaching for the Stars: An Experimental Study of the Consumption Value of Social Approval," MAGKS Papers on Economics 201208, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).

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