From Philanthropy to Altruism: Incorporating Unselfish Behavior into Economics, 1961-1975

Fontaine, Philippe

doi:10.1215/00182702-2006-023

Cited by 33 publications

(26 citation statements)

References 52 publications

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“…En apariencia la corriente académica más extendida de la teoría económica moderna no ha encontrado dificultad explicativa intrínseca, aportando diversidad de líneas de investigación (Fontaine 2007). Por su parte, el utilitarismo de John Stuart Mill ha sido sometido a multiplicidad de interpretaciones en las que incluso cabe admitir el comportamiento motivado por expresiones de la utilidad tales como la felicidad, el anhelo del bien común, y la conducta moral en general (Brown 1973;Crisp 1997).…”

Section: El Comportamiento Altruista Como Problema Teórico En La Econunclassified

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Influencia de la psicología milliana en la teoría económica: problemática asociada al caso particular del comportamiento altruista

Guillén¹

2016

Iberian Journal of the History of Economic Thought

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Resumen:El altruismo es una experiencia y un tipo de comportamiento universales que han sido estudiados por los economistas. Sin embargo, los supuestos normalmente admitidos sobre los fundamentos psicológicos de la naturaleza humana por las doctrinas utilitaristas, como es el caso de la Economía, han causado diversos problemas que dificultan la formulación de una teoría general del altruismo. Esto se debe principalmente a que el altruismo utilitarista no es realmente altruismo. Explicamos la teoría psicológica que une las doctrinas utilitarias de James y John Stuart Mill, y mostramos cómo sus principales contenidos, y problemas teóricos en relación con el altruismo, aparecen nuevamente replicados en los modernos modelos neoclásicos, como el de Gary S. Becker, que explican el altruismo con un análi-sis formal más desarrollado. Proponemos la necesidad de actualizar la tradición utilitarista sobre el altruismo, considerando los actuales descubrimientos de la neurociencia cognitiva. Curiosamente, estos hallazgos conectan el funcionamiento del cerebro con los supuestos teóricos considerados por Adam Smith, y la tradición de la psicología de la simpatía.Palabras clave: Altruismo, Utilitarismo, Intersubjetividad, James Mill, John S. Mill, Gary S. Becker Abstract:Altruism is an universal experience and kind of behavior that has been studied by economists. However, the assumptions frequently accepted about psychological foundations of human nature in utilitarian doctrines, as it's the case of Economics, have caused several problems that make difficult to formulate a general theory of altruism. That is mainly because utilitarian altruism is not really altruism. We explain the psychological theory that link James & John S. Mill utilitarian doctrines, and show how it's principal contents, and theoretical problems dealed with altruism, appear again replicated in modern neoclassical models, as Gary S. Becker's, that explain altruism by means of more developed formal analysis. We propose the need for updating utilitarian tradition on altruism, taking into account the current findings in cognitive neuroscience. Curiously, these findings connect brain running with the theoretical assumptions considered by Adam Smith, and the psychology of sympathy tradition. Key-words:Altruism, Utilitarianism, Intersubjectivity, James Mill, John S. Mill, Gary S. Becker JEL Classification: D64; D01 IntroducciónShotland y Stebbins (1983, p. 36) señalan que la literatura sobre el altruismo se enmarca dentro de dos tradiciones intelectuales, que a su vez se plasman en dos enfoques teóricos no integrados. Uno consiste en admitir la existencia de un genuino altruismo no intencionalmente utilitario, por el que los individuos experimentan el impulso -sea de origen innato o adquirido-de ayudar a otras personas soportando el coste de dicha ayuda como recursos "perdidos". El segundo enfoque no contempla la acción de ayuda como un "gasto" a fondo perdido, sino como una inversión utilitaria. En este caso el altruismo viene condicionado por la expectativa de ...

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Section: El Comportamiento Altruista Como Problema Teórico En La Econunclassified

“…Para una síntesis acerca del debate aludido véase Fontaine (2007). 9 Una posible expresión lineal de esta función de utilidad genérica sería: U i = x i + β·x j , donde β representa el coeficiente de simpatía afectiva del famoso modelo de Edgeworth (2000de Edgeworth ( [1881, pp.…”

Section: La Perspectiva Beckerianaunclassified

Influencia de la psicología milliana en la teoría económica: problemática asociada al caso particular del comportamiento altruista

Guillén¹

2016

Iberian Journal of the History of Economic Thought

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“…Interestingly, the rather new fi elds of philanthropy and economics converged in 1959 when the historian Merle Curti, who created the authoritative work on the subject matter of educational philanthropy ( Curti and Nash, 1965 ), was selected to participate in a commissioned study of philanthropy with economist Gary Becker ( Fontaine, 2007 ). At nearly 40 years old, the Curti and Nash text is still the defi nitive work on the history of philanthropy in higher education.…”

Section: Review Of the Literature A Changing Philanthropic Climatementioning

confidence: 99%

“…As noted previously, Becker's (1974) study was largely credited with starting a new line of economic theory that examined how self-interested actions could explain seemingly unselfi sh behavior: giving could affect the public good and still provide benefi ts or utility for the donor. Fontaine (2007) believes that this demarcation of time ignores important scholarship in the previous decade, including an earlier essay by Becker himself, which explored unselfi sh behavior.…”

Section: Contemporary Economic Fi Ndingsmentioning

confidence: 99%

“…According to Fontaine (2007) , Boulding did not adhere to the traditional divisions in the social sciences, and was looking for a more interdisciplinary approach to philanthropy -nearly a half century ahead of his time in this comprehensive outlook. Through the NBER-commissioned research, he moved into more work on human behavior by applying anthropological theories of gift exchange to understand a more integrative system.…”

Section: Contemporary Economic Fi Ndingsmentioning

confidence: 99%

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The Kalamazoo Promise: A study of philanthropy's increasing role in the American economy and education

Strickland

2009

Int J Educ Adv

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Competing for private investments in public equity in China: The role of corporate philanthropy

Zhou,

Chang

2024

Manage Decis Econ

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This study examines whether corporate philanthropy improves firms' competitiveness in the market for private investments in public equity (PIPEs). Adopting a Chinese PIPE sample between 2007 and 2019, corporate donations have been observed to increase the likelihood of issuers' PIPE applications being approved by the Chinese Securities Regulatory Commission (CSRC). It is also shown that CSRC spends less time reviewing PIPE applications of donating firms. Consistent with the signalling argument, we find that firms with corporate donations may be unlikely to act opportunistically in PIPE issuing. Further, the effect of corporate donations is stronger in competitive industries and large‐scale PIPEs. Finally, short‐run post‐issuance abnormal returns tend to be higher for PIPE issuers with corporate philanthropy. Overall, our findings indicate that corporate philanthropy can serve as a differentiation strategy to compete for PIPEs.

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From Philanthropy to Altruism: Incorporating Unselfish Behavior into Economics, 1961-1975

Cited by 33 publications

References 52 publications

Influencia de la psicología milliana en la teoría económica: problemática asociada al caso particular del comportamiento altruista

Influencia de la psicología milliana en la teoría económica: problemática asociada al caso particular del comportamiento altruista

The Kalamazoo Promise: A study of philanthropy's increasing role in the American economy and education

Competing for private investments in public equity in China: The role of corporate philanthropy

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