Teaching values ​​is to educate moral sentiments

Moral sentiments and social choice

We examine the implications, for social choice, of individuals having an intrinsic sense of fairness. Taking the viewpoint that social justice reflects the moral attitudes of the constituent members, we analyze the effect of the intensity of the individual sense of fairness on the solution of Nash bargaining over random allocation procedures. We use a stylized model of university admission poli...

To educate or not to educate? That is the question!

Attending to Moral Values

There has been an upsurge of interest in moral decision making, which appears to have some distinctive properties. For example, some moral decisions are so strongly influenced by ideas about how sacred entities are to be treated, that they seem to be relatively insensitive to the costs and benefits entailed (e.g., ‘‘do not allow companies to pollute the earth for a fee, even if pollution credit...

Work values, endogenous sentiments redistribution

a r t i c l e i n f o JEL classification: D64 D72 Z13 H3 J2 Keywords: Social contract Endogenous sentiments Voting over taxes Moral work values Redistribution Income inequality Politico-economic equilibria We examine the interactions between individual behavior, sentiments and the social contract in a model of rational voting over redistribution. Agents have moral " work values ". Individuals' ...

Economics and Moral Sentiments: The Case of Moral Hazard

The purpose of this paper is to develop the argument that sentiments (including moral sentiments) are endemic to the building of knowledge about the economy, as well as the functioning of the economy itself. This contrasts with the mainstream treatment of sentiment as separable from rationality, such that it is seen (if at all) as requiring an ex post modification of rational choice theory. The...