Contract or War? On the Consequences of a Broader View of Self-Interest in Economics.

The first principle of Economics is that every agent is actuated only by self-interest. The workings of this principle may be viewed under two aspects, according as the agent acts without, or with, the consent of others affected by his actions. In wide senses, the first species of action may be called war, the second, contract.

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Year of publication:	2000
Authors:	Garfinkel, M.R. ; Skaperdas, S.
Institutions:	California Irvine - School of Social Sciences
Subject:	WAR \| SOCIAL CHOICE \| MOTIVATION

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Series:	California Irvine - School of Social Sciences.
Type of publication:	Book / Working Paper
Notes:	21 pages
Classification:	D80 - Information and Uncertainty. General ; D74 - Conflict; Conflict Resolution; Alliances
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005486815