Social‐Self‐Interest
Bibliographic Data
| ID | 12614652 |
|---|---|
| Authors | Colin Ash (University of Reading, corresponding author) |
| Year | 2000 |
| Volume | 71 |
| Issue | 2 |
| Pages | 261-284 |
| Publication date | 2000-06-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Annals of Public and Cooperative Economics (JOURNAL) |
| Journal identifiers | ISSN: 1370-4788 • E-ISSN: 1467-8292 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1467-8292.00142 |
| OpenAlex | W2114585732 |
| Language | EN |
| Citations received | 1 |
This paper is about rational sociality. Retaining rational choice as its basic framework, it aims to enrich it by taking seriously a well‐established cultural, social and psychological phenomenon: that some inter‐personal relationships have intrinsic value. These are termed primary. Utility maximisation includes the binary choice to enter or not to enter a primary relationship: this on the one hand has a direct impact on utility, and on the other imposes restrictions on consumption choices. The model encompasses standard economic choice theory as a special case, while explicitly recognising that self‐interested agents make choices that are sometimes group dependent. The broad scope of this approach is illustrated by a number of extensions and applications, some of which lead to distinctly unorthodox conclusions
Consumption (sociology · Economics · Epistemology · Microeconomics · Phenomenon · Positive economics · Scope (computer science · Social phenomenon · Social science · Sociality · Sociology · Value (mathematics · Business Strategy and Innovation · Computer Science · Economic theories and models · Economic Theory and Institutions
| Citations per year | 0.04 |
|---|---|
| Citation span | 2002 - 2002 (1) |
| Highly cited | No |