Altruism, Morality and Economic Theory

Edmund S. Phelps

Format
Hardback
Publisher
Russell Sage Foundation
Country
United States
Published
21 May 1975
Pages
232
ISBN
9780871546593

Altruism, Morality and Economic Theory

Edmund S. Phelps

Presents a collection of papers by economists theorizing on the roles of altruism and morality versus self-interest in the shaping of human behavior and institutions. Specifically, the authors examine why some persons behave in an altruistic way without any apparent reward, thus defying the economist’s model of utility maximization. The chapters are accompanied by commentaries from representatives of other disciplines, including law and philosophy.

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