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Formal Metaeconomics: Recycling Choices

In: Metaeconomics

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  • Gary D. Lynne

    (University of Nebraska–Lincoln)

Abstract

Metaeconomics sees non-allocable inputs and goods as the norm. A figure shows a set of self-interest indifference curves overlapping with a set of other-interest indifference curves, with payoffs in the dual interest at every point. Goods are non-allocable across the dual interest: payoffs are joint, interdependent, and inseparable. The same is true in producer supply, with two sets of overlapping Self-interest and Other-interest isoquants. Inputs are nonallocable across the dual interest. The Other-interest (shared with others, but internal to the own-self) represents the connection of the self to the other in both the community and the Spaceship Earth System. Empirical test demonstrates how self-control to bring the shared other-interest in recycling and buying recycle content goods works to temper the Self-interest in not recycling.

Suggested Citation

  • Gary D. Lynne, 2020. "Formal Metaeconomics: Recycling Choices," Palgrave Advances in Behavioral Economics, in: Metaeconomics, chapter 0, pages 75-103, Palgrave Macmillan.
    • Handle: RePEc:pal:paichp:978-3-030-50601-8_4
    DOI: 10.1007/978-3-030-50601-8_4
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