Pricing carbon to address climate change sparks divisions like few other policy options. From street riots academic debate, it has stirred both passionate and principled disagreement, leaving scarce room for compromise between advocates critics. Among scholars, what used be nearly unanimous support pricing ceded way a more bifurcated landscape. We review the growing literature on shortfalls, su...

Since Durkheim, sociological explanations of social cooperation have emphasized the internalization of values that induce norm compliance. Since Adam Smith, economic explanations of social cooperation have emphasized incentives that induce selfish individuals to cooperate. Here, we develop a general approach—the Beliefs, Preferences, and Constraints approach—showing that each of the above model...

The Rapid Evolution of Homo Economicus: Brief Exposure to Neoclassical Assumptions Increases Self-Interested Behavior Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies the impact of long-term exposure to economics instruction (e.g., taking a course), it cannot isolate the specific course content responsible; nor can selection, ...

Economic sociologists agree that economic rationality is constructed and that morality and economic interests often intersect. Yet we know little about how Americans organize their economic beliefs or assess the morality of markets. We distinguish position taking (how people respond to opinion items) from construal (how respondents understand and structure their attitudes within a domain). Usin...

Many pre-professional dance studios have become consumer driven in response to the growing economic practice of neoliberalism. Neoliberal values have become more prominent in today’s economy and inevitably seeped into the lives of dancers and instructors, creating consumer based pre-professional training schools. This paper argues that the current neoliberal state of the United States is negati...

The homo economicus of traditional economics is far from being completely self-interested, rational, or as individualistic as he is purported to be; he will haggle to death over price but will not beat, cheat, or steal. Implicitly, he is assumed to behave ruthlessly within a well-de...ned bubble of sainthood. Based on a simple model, I ...rst examine what occurs when this assumption is relaxed ...

Recent investigations have uncovered large, consistent deviations from the predictions of the textbook representation of Homo economicus (Alvin E. Roth et al., 1991; Ernst Fehr and Simon Gächter, 2000; Colin Camerer, 2001). One problem appears to lie in economists’ canonical assumption that individuals are entirely self-interested: in addition to their own material payoffs, many experimental su...