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Dynamic preferences, moral values and emotions in economical analysis (In French)


  • Emmanuel PETIT (GREThA)


Our analysis is about the role of emotions and moral values in economical analysis. We use the theory of emotions of Livet (2002) in order to understand the behaviour of individuals alternatively in the Akerlof (1991)’s model of undue obedience and in a public good experiment. We argue that the emotional process permits us to reveal to ourselves our true preferences or values. We thus claim that recent economic analysis should take into account the role of emotion not only as a psychic cost or even a rational tool but also as a useful warning process.

Suggested Citation

  • Emmanuel PETIT (GREThA), 2008. "Dynamic preferences, moral values and emotions in economical analysis (In French)," Cahiers du GREThA 2008-11, Groupe de Recherche en Economie Théorique et Appliquée.
  • Handle: RePEc:grt:wpegrt:2008-11

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    References listed on IDEAS

    1. Abdous, B. & Theodorescu, R., 1992. "Note on the spatial quantile of a random vector," Statistics & Probability Letters, Elsevier, vol. 13(4), pages 333-336, March.
    2. Biman Chakraborty, 2001. "On Affine Equivariant Multivariate Quantiles," Annals of the Institute of Statistical Mathematics, Springer;The Institute of Statistical Mathematics, vol. 53(2), pages 380-403, June.
    3. Robert Serfling, 2002. "Quantile functions for multivariate analysis: approaches and applications," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 56(2), pages 214-232.
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    More about this item


    Theory of emotions; obedience to authority; cooperation; public goods game; moral values;

    JEL classification:

    • B49 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Other
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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