Contract or War? On the Consequences of a Broader View of Self-Interest in Economics
The first principle of Economics is that every agent is actuated only by self-interest. The workings of this principle may be viewed under two aspects, according as the agent acts without, or with, the consent of others affected by his actions. In wide senses, the first species of action may be called war, the second, contract.
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|Date of creation:||2000|
|Contact details of provider:|| Postal: UNIVERSITY OF CALIFORNIA IRVINE, SCHOOL OF SOCIAL SCIENCES, IRVINECALIFORNIA 91717 U.S.A.|
Other versions of this item:
- Michelle R. Garfinkel & Stergios Skaperdas, 2000. "Contract or War? On the Consequences of a Broader View of Self-Interest in Economics," The American Economist, , vol. 44(1), pages 5-16, March.
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- Tony Addison & S Mansoob Murshed, 2010. "From Conflict to Reconstruction: Reviving the Social Contract," Working Papers id:3206, eSocialSciences.
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