IDEAS home Printed from https://ideas.repec.org/p/frz/wpaper/wp2007_03.rdf.html
   My bibliography  Save this paper

OSTACOLI ALLO SVILUPPO? VARIAZIONI SU UN TEMA DI ALBERT HIRSCHMAN (Ostacles to Development?)

Author

Abstract

The fundamental theme underlying Hirshman’s thought regards the nature of the process of the economic choice. He argues that the search of “appropriateness” between too much and too little, expresses our aspiration to well-being, better than the idea of an objective concerning pleasure maximization. Besides this is due to the fact that the most relevant among our choices don’t allow us to characterize an optimal solution, but press for the “appropriate” alternation of different criteria. Once the choice has been carried out, we usually aim, trough a mechanism of reduction of the cognitive dissonance, to weaken disappointment and regret for the criteria we have discarded. It is on the very base of these theses that Hirschman discusses which “strategies” could better enhance our economic choices.

Suggested Citation

  • Nicolò Bellanca, 2007. "OSTACOLI ALLO SVILUPPO? VARIAZIONI SU UN TEMA DI ALBERT HIRSCHMAN (Ostacles to Development?)," Working Papers - Economics wp2007_03.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    • Handle: RePEc:frz:wpaper:wp2007_03.rdf
    as

    Download full text from publisher

    File URL: http://www.disei.unifi.it/upload/sub/pubblicazioni/repec/pdf/wp03.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Roland Bénabou & Jean Tirole, 2006. "Belief in a Just World and Redistributive Politics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(2), pages 699-746.
    2. Robert J. Oxoby, 2004. "Cognitive dissonance, status and growth of the underclass," Economic Journal, Royal Economic Society, vol. 114(498), pages 727-749, October.
    3. Akerlof, George A & Dickens, William T, 1982. "The Economic Consequences of Cognitive Dissonance," American Economic Review, American Economic Association, vol. 72(3), pages 307-319, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Romain Espinosa & Jan Stoop, 2021. "Do people really want to be informed? Ex-ante evaluations of information-campaign effectiveness," Experimental Economics, Springer;Economic Science Association, vol. 24(4), pages 1131-1155, December.
    2. Tanja Artiga González & Francesco Capozza & Georg D. Granic, 2022. "Can Cognitive Dissonance Theory Explain Action Induced Changes in Political Preferences?," CESifo Working Paper Series 9549, CESifo.
    3. Prüfer, Jens & Xu, Y., 2021. "The Nonprofit's Dilemma," Discussion Paper 2021-012, Tilburg University, Tilburg Law and Economic Center.
    4. Ahrens, Steffen & Bosch-Rosa, Ciril, 2023. "Motivated beliefs, social preferences, and limited liability in financial decision-Making," Journal of Banking & Finance, Elsevier, vol. 154(C).
    5. Gilles Le Garrec, 2007. "Moral sentiments, democracy and redistributive politics: between nature and culture," 2007 Meeting Papers 702, Society for Economic Dynamics.
    6. Rafael Di Tella & Ricardo Pérez-Truglia, 2010. "Conveniently Upset: Avoiding Altruism by Distorting Beliefs About Others," NBER Working Papers 16645, National Bureau of Economic Research, Inc.
    7. Gilles Le Garrec, 2007. "Moral sentiments, democracy and redistributive politics : between nature and culture," SciencePo Working papers Main hal-00973047, HAL.
    8. Prüfer, Jens & Xu, Y., 2021. "The Nonprofit's Dilemma," Other publications TiSEM bf17c5e5-ed33-4e3b-a52b-e, Tilburg University, School of Economics and Management.
    9. Roland Benabou & Jean Tirole, 2009. "Over My Dead Body: Bargaining and the Price of Dignity," American Economic Review, American Economic Association, vol. 99(2), pages 459-465, May.
    10. Larry Epstein & Igor Kopylov, 2006. "Cognitive Dissonance and Choice," RCER Working Papers 525, University of Rochester - Center for Economic Research (RCER).
    11. Saori Chiba & Kaiwen Leong, 2016. "Behavioral Economics of Crime Rates and Punishment Levels," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 172(4), pages 727-754, December.
    12. Larbi Alaoui, 2012. "The value of useless information," Economics Working Papers 1313, Department of Economics and Business, Universitat Pompeu Fabra.
    13. Alaoui, Larbi, 2008. "The value of useless information," MPRA Paper 11411, University Library of Munich, Germany.
    14. repec:hal:wpspec:info:hdl:2441/6124 is not listed on IDEAS
    15. Oxoby, Robert J. & Smith, Alexander Apt, 2014. "Using Cognitive Dissonance to Manipulate Social Preferences," IZA Discussion Papers 8310, Institute of Labor Economics (IZA).
    16. Mark Bowden, 2015. "A model of information flows and confirmatory bias in financial markets," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 38(2), pages 197-215, October.
    17. Coutts, Alexander, 2019. "Testing models of belief bias: An experiment," Games and Economic Behavior, Elsevier, vol. 113(C), pages 549-565.
    18. Balestrino, Alessandro & Ciardi, Cinzia, 2008. "Social norms, cognitive dissonance and the timing of marriage," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(6), pages 2399-2410, December.
    19. Francesca Lipari, 2018. "This Is How We Do It: How Social Norms and Social Identity Shape Decision Making under Uncertainty," Games, MDPI, vol. 9(4), pages 1-31, December.
    20. Nyborg, Karine, 2011. "I don't want to hear about it: Rational ignorance among duty-oriented consumers," Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 263-274, August.
    21. Li, Zhuo & Wen, Fenghua & Huang, Zhijian James, 2023. "Asymmetric response to earnings news across different sentiment states: The role of cognitive dissonance," Journal of Corporate Finance, Elsevier, vol. 78(C).

    More about this item

    Keywords

    Economic development; cognitive dissonance; tragic choices;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O29 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Other

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:frz:wpaper:wp2007_03.rdf. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Giorgio Ricchiuti (email available below). General contact details of provider: https://edirc.repec.org/data/defirit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.