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Values and Institutions in Economic Analysis

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Abstract

In this essay, we argue that there is no scientific basis for the assumption that own well-being or command over resources is the exclusive and immutable concern of human individuals. The natural sciences, evolutionary biology in particular, and other social and behavioral sciences, especially evolutionary psychology, suggest that individual human beings may be genetically inclined towards concern not only with their own success in acquiring the resources necessary for thriving and reproducing, but also with the success of off-spring and other kin.

Suggested Citation

  • A. Ben-Ner & Louis Putterman, 1997. "Values and Institutions in Economic Analysis," Working Papers 97-4, Brown University, Department of Economics.
  • Handle: RePEc:bro:econwp:97-4
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    Citations

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    Cited by:

    1. Ones, Umut & Putterman, Louis, 2007. "The ecology of collective action: A public goods and sanctions experiment with controlled group formation," Journal of Economic Behavior & Organization, Elsevier, vol. 62(4), pages 495-521, April.
    2. Stephen Atlas & Louis Putterman, 2010. "Trust among the Avatars: A Virtual World Experiment, with and without Textual and Visual Cues," Working Papers 2010-18, Brown University, Department of Economics.
    3. Ben-Ner, Avner & Putterman, Louis & Kong, Fanmin & Magan, Dan, 2004. "Reciprocity in a two-part dictator game," Journal of Economic Behavior & Organization, Elsevier, vol. 53(3), pages 333-352, March.
    4. Avner Ben-Ner & Famin Kong & Louis Putterman, "undated". "Share and Share Alike? Intelligence, Socialization, Personality, and Gender-Pairing as Determinants of Giving," Working Papers 1002, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).
    5. Avner Ben-Ner & Louis Putterman, "undated". "Trust in the New Economy," Working Papers 1102, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).
    6. Bahn, Christopher, 2002. "Die Bedeutung der lokalen Regulationssysteme in Berlin für den Strukturwandel im Einzelhandel: Ein Untersuchungsdesign," Discussion Papers, Research Unit: Organization and Employment FS I 02-103, Social Science Research Center Berlin (WZB).
    7. Edward Castronova, 2004. "Achievement Bias in the Evolution of Preferences," Journal of Bioeconomics, Springer, vol. 6(2), pages 195-226, May.
    8. J. van Oosterhout & P.P.M.A.R. Heugens & S.P. Kaptein, 2003. "The Internal Morality of Contacting: Redeeming the Contractualist Endeavor in Business Ethics," Working Papers 03-15, Utrecht School of Economics.
    9. Ermanno Tortia, 2006. "Worker satisfaction and perceived fairness: result of a survey in public, and non-profit organizations," Department of Economics Working Papers 0604, Department of Economics, University of Trento, Italia.
    10. Edward Castronova, "undated". "Achievement Bias in the Evolution of Preferences," Gruter Institute Working Papers on Law, Economics, and Evolutionary Biology 2-1-1010, Berkeley Electronic Press.

    More about this item

    Keywords

    Social choice;

    JEL classification:

    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General

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