Pecchenino, Rowena A. (2020) What thou liv’st, live well. Revue De Philosophie Economique, 20 (2). pp. 131-156. ISSN 9782711652052
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Abstract
In paring away what was considered inessential to the economic decision,
economists have pared away human flesh leaving only the bone. To revivify
and incarnate this skeleton I draw on insights from the social psychology
of Deci and Ryan, Dweck, and Bandura to broaden the foundation of
utility theory and expand the types of resources individuals have at their
disposal, both individually and as part of a group, to effect their wellbeing.
These theories recognize that the effects of society on the individual are not
always to the good. Their nuanced understanding of the individual in society
helps put meat and muscle on economic agents’ bones by placing these
agents in society, suggesting how society affects agents and revealing how
agents work together to adapt and change society. A model is developed to
incorporate some of these features and examples are analyzed. The behavior
of the individual that arises is not easily characterized, but its essential, even
economic, humanness is.
Item Type: | Article |
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Keywords: | wellbeing; utility theory; goals; individual; society; social psychology; |
Academic Unit: | Faculty of Social Sciences > Economics, Finance and Accounting |
Item ID: | 19572 |
Identification Number: | 10.3917/rpec.202.0131 |
Depositing User: | Prof. Rowena Pecchenino |
Date Deposited: | 11 Mar 2025 14:42 |
Journal or Publication Title: | Revue De Philosophie Economique |
Publisher: | Cairn |
Refereed: | Yes |
Related URLs: | |
URI: | https://mural.maynoothuniversity.ie/id/eprint/19572 |
Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
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