Please use this identifier to cite or link to this item:
|Title:||Moral sentiments and equilibrium moral codes|
|Citation:||Lim, C. (2003). Moral sentiments and equilibrium moral codes. International Journal of Social Economics 30 (9-10) : 985-999. ScholarBank@NUS Repository.|
|Abstract:||This paper shows that the consistent way of modeling sentiment-driven moral behaviors in a setting of social interaction is to derive the equilibrium moral code that is mutually consistent with the optimal moral behavior of each player. To do this, it is necessary that moral sentiments be introduced explicitly into the utility function so that an individual could choose the optimal moral behavior that balances his/her narrow self-interest against the avoidance of moral dissonance. It then demonstrates how the various equilibrium moral codes are derived from the key moral sentiments of love, guilt and envy.|
|Source Title:||International Journal of Social Economics|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Nov 24, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.