Embracing Morals in Economics: The Role of Internal Moral Constraints in a Market Economy
Embracing Morals in Economics: The Role of Internal Moral Constraints in a Market Economy
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在经济学中拥抱道德:内部道德约束在市场经济中的作用
DOI:
10.1016/j.jebo.2010.12.011
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发表时间:
2011
期刊:
影响因子:
--
通讯作者:
E. Stringham
中科院分区:
文献类型:
--
作者:
E. Stringham
Economists who adhere to the assumptions of homo economicus typically focus on altering external constraints through laws or regulations as the means of eliminating bad behavior. Reaching the optimal solution is simply a matter of having government adjust the price of unwanted behavior through punishments or fines. But Adam Smith highlighted the importance of another type of constraint, the internal moral constraint. In recent years behavioral, experimental, and other economists have documented that people often do not act according the assumptions of the homo economicus model and instead appear to incorporate moral constraints into their decision making process. In light of this growing body of research, this article argues that many economists have placed too much emphasis on external constraints and that more emphasis should be placed on internal moral constraints. After discussing possible sources of internal moral constraints, the paper describes how these constraints can help strengthen cooperation in the short and long run.