Titlebook: Ethical Issues in Economics; From Altruism to Coo M. Teresa Lunati Book 1997 Palgrave Macmillan, a division of Macmillan Publishers Limited

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altruism, cooperation and equity. Mainstream neoclassical economics is analysed and challenged from a moral and socio-economic perspective, emphasizing the relationship between economics, ethics and politics. Throughout the book the nature of homo economicus is contrasted with that of homo ethicus.

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Irritate

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Introduction,particular to economic agents’ beliefs, behaviour and activity. And, as the morality of individuals influences their economic conduct and choices, their morality is also clearly relevant to socio-economic policies and outcomes.

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Altruism, Rationality and Morality,so much of economic literature, in more recent years at least, on the one hand, increasingly incorporating altruism into formal analysis and models, while seemingly trying, on the other hand, to ‘discredit’ altruism? This is typically done by, for example, showing that altruism can result in ineffic

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Ethical and Political Non-Neutrality of Neoclassical Economics,elf-interested economic beings. An important, additional assumption normally made in the economic literature is that of ‘Nash conjectures’, that is each individual, when deciding his own utility-maximizing action, takes the behaviour of everyone else as given.

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