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Modeling exogenous moral norms

Author

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  • Ross A. Tippit

    (The City University of New York BMCC-CUNY)

Abstract

This paper considers the possibility of a robust and general formulation of a model of choice for the representation of a variety of moral norms. It starts by reviewing several recent models of deontological (or rule-based) norms that retain the basic elements of the economic model of choice. It briefly examines the achievements and drawbacks of each model, and while no model is identified as the most accurate or robust, the most appealing aspects of each model contribute to the construction of a tout-ensemble utility function proposed in the final section. This representation of preferences aims to incorporate the most common qualities of both consequentialist and deontological moral norms in order to represent decision making under their influence.

Suggested Citation

  • Ross A. Tippit, 2014. "Modeling exogenous moral norms," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 8(1), November.
    • Handle: RePEc:bus:jphile:v:8:y:2014:i:1:n:2
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    References listed on IDEAS

    as
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    2. Amartya Sen, 1997. "Maximization and the Act of Choice," Econometrica, Econometric Society, vol. 65(4), pages 745-780, July.
    3. Etzioni, Amitai, 1986. "The Case for a Multiple-Utility Conception," Economics and Philosophy, Cambridge University Press, vol. 2(2), pages 159-184, October.
    4. Rose, David C., 2014. "The Moral Foundation of Economic Behavior," OUP Catalogue, Oxford University Press, number 9780199360598.
    5. Zamir, Eyal & Medina, Barak, 2010. "Law, Economics, and Morality," OUP Catalogue, Oxford University Press, number 9780195372168.
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    7. Broome, John, 1992. "Deontology and Economics," Economics and Philosophy, Cambridge University Press, vol. 8(2), pages 269-282, October.
    8. Samuel Bowles & Sandra Polania-Reyes, 2012. "Economic Incentives and Social Preferences: Substitutes or Complements?," Journal of Economic Literature, American Economic Association, vol. 50(2), pages 368-425, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    morals; norms; deontic; choice; decision; nonconsequentialist;
    All these keywords.

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D10 - Microeconomics - - Household Behavior - - - General

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