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While talk is cheap to some, it is expensive to others for whom moral considerations come into play. We employ a simple two-stage modified prisoner's dilemma game where integrity is endowed on a continuum to analyze when agents will lie in random economic interactions. If there is sufficient...
Persistent link: https://www.econbiz.de/10005482947
Consumption choices assist in solving the problem of how to convey and recognize religious identities. In the communication of an identity, individuals use the knowledge embedded in consumption norms, which restrict the range of choices to a smaller set and abbreviate the required knowledge for...
Persistent link: https://www.econbiz.de/10005446078
I develop the argument that our current decision-making framework, utility theory, when used by itself, is 1) descriptively incomplete, 2) theoretically flawed, and 3) ethically questionable. In response, I offer an exploratory framework that incorporates both consequentialist and...
Persistent link: https://www.econbiz.de/10005446096
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