IDEAS home Printed from https://ideas.repec.org/a/zna/indecs/v8y2010i2p70-80.html
   My bibliography  Save this article

On the Theory of Human Decisions in the Age of "beneficial globalization"

Author

Listed:
  • Katalin Martinás

    (Loránd Eötvös University)

  • Ádám Kerényi

    (Institute of Finances and International Economic Relations, Faculty of Economics and Business Administration, University of Szeged)

Abstract

The globalisation is a complex phenomenon with many advantageous and disadvantageous consequences. In this paper we investigate the linkage between globalised market economy and the happiness through the ethical implications of the greatest happiness principle in a system approach. We also investigate the terms of the beneficial globalisation. Our proposition is that: the main condition of the good globalisation should be Bentham's principle: the greatest happiness for the greatest number and the United States Declaration of Independence's famous phrase pursuit of happiness. We face the following problem: the globalization assures - due to its Nature - the growth of Z, which is the marketed part of the globalization, but not the total happiness. The main question in political philosophy is: What do we need to do in order to live together well? In complex approach, based on the wealth increase law we take into account the parameters, which will be changed by the human decisions (i) as well as the long-term expectations, which are motivating the decisions themselves (ii). Factors (i) are the followings: material goods, money, parameters of human physiology (e.g. health), psychology (knowledge), sociology (e.g. friends, power). These quantities are measurable in principle, i.e. they can be mapped into the set of real numbers. The changes are exchanges between two agents or with the nature, and there is production/consumption inside the agent.

Suggested Citation

  • Katalin Martinás & Ádám Kerényi, 2010. "On the Theory of Human Decisions in the Age of "beneficial globalization"," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 8(2), pages 70-80.
    • Handle: RePEc:zna:indecs:v:8:y:2010:i:2:p:70-80
    as

    Download full text from publisher

    File URL: http://indecs.eu/2010/indecs2010-pp70-80.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Katalin Martinás & András Margitay-Becht & Dana R. Herrera, 2008. "Wealth, Groups, Ethics," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 6(1), pages 1-9.
    2. Paul A. Cleveland, 2002. "The Failure of Utilitarian Ethics in Political Economy," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 18(Fall 2002), pages 16-28.
    3. Veenhoven, Ruut, 2007. "Measures of Gross National Happiness," MPRA Paper 11280, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Salvatore Bimonte & Antonella D’Agostino, 2021. "Tourism development and residents’ well-being: Comparing two seaside destinations in Italy," Tourism Economics, , vol. 27(7), pages 1508-1525, November.
    2. Schepelmann, Philipp & Goossens, Yanne & Makipaa, Arttu (ed.), 2009. "Towards sustainable development: Alternatives to GDP for measuring progress," Wuppertal Spezial, Wuppertal Institute for Climate, Environment and Energy, volume 42, number 42.
    3. Sibylle Puntscher & Christoph Hauser & Janette Walde & Gottfried Tappeiner, 2015. "The Impact of Social Capital on Subjective Well-Being: A Regional Perspective," Journal of Happiness Studies, Springer, vol. 16(5), pages 1231-1246, October.
    4. Bimonte, Salvatore & Faralla, Valeria, 2016. "Does residents' perceived life satisfaction vary with tourist season? A two-step survey in a Mediterranean destination," Tourism Management, Elsevier, vol. 55(C), pages 199-208.
    5. Salvatore Bimonte & Luigi Bosco & Arsenio Stabile, 2020. "Integration and Subjective Well-Being Among Off-Site University Students," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 147(3), pages 947-969, February.
    6. Aviral Kumar Tiwari, 2011. "Happiness and Environmental Degradation: What Determines Happiness?," Economics Bulletin, AccessEcon, vol. 31(4), pages 3192-3210.
    7. Esther Yuet Ying Lau & Yeuk Ching Lam & John Chi-Kin Lee, 2021. "Well-Slept Children and Teens are Happier and More Hopeful with Fewer Emotional Problems," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 14(5), pages 1809-1828, October.
    8. Gregor Gonza & Anže Burger, 2017. "Subjective Well-Being During the 2008 Economic Crisis: Identification of Mediating and Moderating Factors," Journal of Happiness Studies, Springer, vol. 18(6), pages 1763-1797, December.
    9. Philip T. Roundy & Michaël Bonnal, 2017. "The Singularity of Social Entrepreneurship: Untangling its Uniqueness and Market Function," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 26(2), pages 137-162, September.
    10. Walter Block, 2017. "Privatizing Government, in the Interim," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 32(Fall 2017), pages 33-45.
    11. Delhey, Jan & Kroll, Christian, 2012. "A "happiness test" for the new measures of national well-being: How much better than GDP are they?," Discussion Papers, Research Unit: Inequality and Social Integration SP I 2012-201, WZB Berlin Social Science Center.
    12. repec:zna:indecs:v:10:y:2012:i:1:p:88-102 is not listed on IDEAS
    13. Wilson Bastos, 2020. "Want to make me happy? Tell me about your experiences but not your objects," Journal of Consumer Affairs, Wiley Blackwell, vol. 54(3), pages 978-1001, September.
    14. Sibylle Puntscher & Janette Walde & Gottfried Tappeiner, 2016. "Do methodical traps lead to wrong development strategies for welfare? A multilevel approach considering heterogeneity across industrialized and developing countries," Working Papers 2016-01, Faculty of Economics and Statistics, Universität Innsbruck.
    15. Yee Ngoo & Nai Tey & Eu Tan, 2015. "Determinants of Life Satisfaction in Asia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 124(1), pages 141-156, October.
    16. Xu Jiang & Lue Fang & Brianna R. Stith & Ru-de Liu & E. Scott Huebner, 2018. "A Psychometric Evaluation of the Chinese Version of the Students’ Life Satisfaction Scale," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 13(4), pages 1081-1095, December.
    17. Jiun-Hao Wang, 2015. "Happiness and Social Exclusion of Indigenous Peoples in Taiwan - A Social Sustainability Perspective," PLOS ONE, Public Library of Science, vol. 10(2), pages 1-14, February.
    18. Kocsis, Tamás, 2010. ""Hajózni muszáj!" A GDP, az ökológiai lábnyom és a szubjektív jóllét stratégiai összefüggései [Navigare necesse est." The connections between GDP, ecological footprint, and subjectiv," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 536-554.
    19. Katalin Martinás, 2012. "Greatest Happiness Principle in a Complex System Approach," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 10(2), pages 88-102.
    20. Fabrizio Antolini, 2016. "The Evolution of National Accounting and New Statistical Information: Happiness and Gross Domestic Product, Can We Measure It?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 129(3), pages 1075-1092, December.
    21. Barber, Brian K. & Spellings, Carolyn & McNeely, Clea & Page, Paul D. & Giacaman, Rita & Arafat, Cairo & Daher, Mahmoud & El Sarraj, Eyad & Mallouh, Mohammed Abu, 2014. "Politics drives human functioning, dignity, and quality of life," Social Science & Medicine, Elsevier, vol. 122(C), pages 90-102.

    More about this item

    Keywords

    globalisation; decision theory; greatest happiness principle;
    All these keywords.

    JEL classification:

    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zna:indecs:v:8:y:2010:i:2:p:70-80. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Josip Stepanic (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.