Can homo economicus be an altruist? A classroom experimental method

Kopczewski, Tomasz; Okhrimenko, Iana

doi:10.1016/j.iree.2019.100167

Cited by 3 publications

(2 citation statements)

References 22 publications

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“…Based on this argument, the researcher sees the necessity of using sociology (homo sociologicus view) as a perspective to analyze the institution that will be studied in this study. However, not all economists follow homo economicus and not all sociologists use the homo sociologicus model (Kopczewski & Okhrimenko, 2019). An example in this context is what happens to salt farmers who are about to enter the selling period.…”

Section: Literature Reviewmentioning

confidence: 99%

Transaction Cost for Salt Farmers in Pesanggrahan Village, Kwanyar District, Bangkalan Regency

Sasongko

Widarni

Bawono

2021

EEA

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The purpose of this study was to identify the transaction costs of salt farming in Pesanggrahan village, Kwanyar district, Bangkalan district. This study uses a qualitative method to identify the transaction costs of salt farming in Pesanggrahan village, Kwanyar district, Bangkalan district. We found that there are three types of transaction costs in salt cultivation in Pesanggrahan village, Kwanyar district, Bangkalan district, namely asymmetric information, contract costs, and negotiation costs. There are transaction costs in the process of buying and selling salt production between farmers and salt factories. This is identified by the emergence of Asymmetric Information in "Salt Price" and "Making Sorat Jelen" Between Farmers and Salt Factory. Negotiations between Farmers and Se Andi' Sorat (Quantity and Time of Sales) and Se Andi' Sorat with Salt Factory (Quantity and Price of Salt). The Farmer Contract Provisions Must Have Sorat Jelen become a system that makes the transaction costs of salt farmers and salt factories high. Having a travel permit is very difficult for salt farmers, this is because there are several requirements that must be carried out by them. This requirement then led to a contract between the salt farmer and the salt factory.

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Section: Literature Reviewmentioning

confidence: 99%

Transaction Cost for Salt Farmers in Pesanggrahan Village, Kwanyar District, Bangkalan Regency

Sasongko

Widarni

Bawono

2021

EEA

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“…S. Puehringer and L. Baeuerle received empirical evidence of a loss of interest in the study of Economics, a lack of real orientation in economic education. They suggest applying a qualitative methodology and focusing on the student perspective of economic education [56], taking into account issues of ethics, moral reasoning, and social interactions [57,58], since the nature of a human being is kindness, cooperation, and sharing [59]. Undermining the authority of Orthodox Economics makes it possible to include socio-economic ideas in the Business school curriculum [60,61].…”

Section: Introductionmentioning

confidence: 99%

Economics and Political economy textbooks: 28 years of interaction

Privalov

Privalova

2021

SHS Web Conf.

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The article analyzes the methodology of modern economic theory. The advantages and disadvantages Of the McConnell and brew economies are analyzed. It is compared with the textbook “Political economy” of the period of the USSR and Soviet Russia. A literature review has shown that many authors are critical of Main stream and are looking for alternative theories and methodologies. The article analyzes the institutional reasons for teaching Economics. Given the growing global crisis of industrial civilization and, in particular, the systemic crisis of its economic and political leader-the United States, the question is raised about the need to create a new type of textbook on economic theory. The article describes the philosophical roots of Economics and Marxist political economy. According to the authors of the article, these two areas of science and education in the twentieth century became examples of a “secular form of religion”, since their ideological orientation prevailed over the scientific content. “Russian Economics” is a textbook for undergraduates that has broader system relationships with other Sciences (sociology, political science, Cybernetics, zoopsychology, etc.) and applies, along with well-known models of Economics, also qualitative methods and models of classical political economy within the framework of a systematic approach. The article describes the methodological principles of a new type of textbook that reflect the basic provisions of traditional European culture and can serve to form the concept of the “third way economy”, as an objectively emerging model of a mixed economy.

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The paradox of effective altruism

Kopczewski,

Okhrimenko

2024

Journal of Institutional Economics

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Normative reasoning within the mainstream economic framework has been largely shaped by utilitarian ethics. The growing popularity of effective altruism indicates that the utilitarian spirit has also permeated the sphere of social sentiment, evaluating our pro-social behaviour and charitable giving in terms of efficiency. The present study assesses the appropriateness of judging social outcomes through the prism of allocative efficiency by questioning to what extent the society of effective altruists is robust, sustainable, and resilient. Using computer simulations based on the dictator game, we demonstrate that a society of welfare-maximising effective altruists can achieve an optimal outcome alongside equality under extremely restrictive assumptions, such as the uniformity of giving strategies (i.e. interacting with other effective altruists exclusively) and initial equality of wealth distribution. Yet, in the world of unequal opportunities, utilitarian giving tends to increase wealth disparity. In addition, in polymorphic societies, effective altruists underperform compared to deontological (or unconditional) altruists. Consequently, we demonstrate that striving for allocative efficiency might undermine the equality and resilience objectives and question whether the former should remain the dominant economic normative principle.

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Can homo economicus be an altruist? A classroom experimental method

Cited by 3 publications

References 22 publications

Transaction Cost for Salt Farmers in Pesanggrahan Village, Kwanyar District, Bangkalan Regency

Transaction Cost for Salt Farmers in Pesanggrahan Village, Kwanyar District, Bangkalan Regency

Economics and Political economy textbooks: 28 years of interaction

The paradox of effective altruism

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