Find your perfect holiday reading
The Moral Foundation of Economic Behavior (Paperback)
  • The Moral Foundation of Economic Behavior (Paperback)
zoom

The Moral Foundation of Economic Behavior (Paperback)

(author)
£22.99
Paperback 288 Pages / Published: 06/03/2014
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
This book explains why moral beliefs can and likely do play an important role in the development and operation of market economies. It provides new arguments for why it is important that people genuinely trust others-even those whom they know don't particularly care about them-because in key circumstances institutions are incapable of combating opportunism. It then identifies specific characteristics that moral beliefs must have for the people who possess them to be regarded as trustworthy. When such moral beliefs are held with sufficient conviction by a sufficiently high proportion of the population, a high trust society emerges that supports maximum cooperation and creativity while permitting honest competition at the same time. Such moral beliefs are not tied to any particular religion and have nothing to do with moral earnestness or the set of moral values-what matters is how they affect the way people think about morality. Such moral beliefs are based on abstract ideas that must be learned so they are matters of culture, not genes, and are therefore able to explain differences in economic performance across societies.

Publisher: Oxford University Press Inc
ISBN: 9780199360598
Number of pages: 288
Weight: 432 g
Dimensions: 234 x 162 x 17 mm

You may also be interested in...

The Psychology of Price
Added to basket
From Neighborhoods to Nations
Added to basket
Simpler
Added to basket
£9.99
Paperback
Introduction to Game Theory
Added to basket
Why Nudge?
Added to basket
£12.99
Paperback
Behavioral Economics For Dummies
Added to basket
Economic Lives
Added to basket
Identity Economics
Added to basket
The Hour Between Dog and Wolf
Added to basket
The Happiness Equation
Added to basket
Behavioural Public Policy
Added to basket

Please sign in to write a review

Your review has been submitted successfully.