scholarly journals Other-Regarding Preferences in Only Children: An Experimental Study Based on Game Theory

2016 ◽  
Vol 06 (02) ◽  
pp. 121-133
Author(s):  
庆科 郭
Keyword(s):  
Game Theory ◽  
Experimental Study ◽  
Only Children ◽  
Other Regarding ◽  
Other Regarding Preferences

scholarly journals Love is not enough: Other-regarding preferences cannot explain payoff dominance in game theory

2007 ◽  
Vol 30 (1) ◽  
pp. 22-23
Author(s):  
Andrew M. Colman
Keyword(s):  
Game Theory ◽  
Decision Making ◽  
Decision Theory ◽  
Payoff Dominance ◽  
Interactive Decision Making ◽  
Other Regarding ◽  
Other Regarding Preferences

Even if game theory is broadened to encompass other-regarding preferences, it cannot adequately model all aspects of interactive decision making. Payoff dominance is an example of a phenomenon that can be adequately modeled only by departing radically from standard assumptions of decision theory and game theory – either the unit of agency or the nature of rationality.

A framework for the unification of the behavioral sciences

2007 ◽  
Vol 30 (1) ◽  
pp. 1-16 ◽  
Author(s):  
Herbert Gintis
Keyword(s):  
Game Theory ◽  
Decision Making ◽  
Human Behavior ◽  
Evolutionary Theory ◽  
Cultural Evolution ◽  
Behavioral Science ◽  
The Mind ◽  
Other Regarding ◽  
Analytical Tools ◽  
Other Regarding Preferences

The various behavioral disciplines model human behavior in distinct and incompatible ways. Yet, recent theoretical and empirical developments have created the conditions for rendering coherent the areas of overlap of the various behavioral disciplines. The analytical tools deployed in this task incorporate core principles from several behavioral disciplines. The proposed framework recognizes evolutionary theory, covering both genetic and cultural evolution, as the integrating principle of behavioral science. Moreover, if decision theory and game theory are broadened to encompass other-regarding preferences, they become capable of modeling all aspects of decision making, including those normally considered “psychological,” “sociological,” or “anthropological.” The mind as a decision-making organ then becomes the organizing principle of psychology.

In evolutionary games, enlightened self-interests are still ultimately self-interests

2007 ◽  
Vol 30 (1) ◽  
pp. 25-26 ◽  
Author(s):  
Thomas Getty
Keyword(s):  
Human Behavior ◽  
Evolutionary Theory ◽  
Evolutionary Games ◽  
Analytical Tool ◽  
Behavioral Sciences ◽  
Other Regarding ◽  
Other Regarding Preferences

Evolutionary theory provides a firm foundation for the unification of the behavioral sciences, and the beliefs, preferences, and constraints (BPC) model is a useful analytical tool for understanding human behavior. However, evolutionary theory suggests that if other-regarding preferences expressed by humans have evolved under selection, they are ultimately, if not purely, in the constrained, relative self-interests of individuals who express them.

Going Far by Going Together: James M. Buchanan’s Economics of Shared Ethics

2021 ◽  
pp. 1-15
Author(s):  
Art Carden ◽  
Gregory W. Caskey ◽  
Zachary B. Kessler
Keyword(s):  
Business Ethics ◽  
Economic Analysis ◽  
Public Good ◽  
Public Capital ◽  
The Public ◽  
Economic Progress ◽  
The Individual ◽  
Other Regarding ◽  
Ethical Communication ◽  
Other Regarding Preferences

We explore themes in Nobel Prize–winning economist James M. Buchanan’s work and apply his Ethics and Economic Progress to problems facing individuals and firms. We focus on Buchanan’s analysis of the individual work ethic, his exhortations to “pay the preacher” of the “institutions of moral-ethical communication,” and his notion of law as “public capital.” We highlight several ways people with other-regarding preferences can contribute to social flourishing and some of the ways those who have “affected to trade for the public good” might want to redirect their efforts. We show how Buchanan’s work has considerable implications for business ethics. Just as his economic analysis of politics changed how we understand government, we think his economic analysis of ethics can (and should) change how we understand business.

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