000 02284cam a22003377 4500
001 w8688
003 NBER
005 20211020113255.0
006 m o d
007 cr cnu||||||||
008 210910s2001 mau fo 000 0 eng d
100 1 _aKaplow, Louis.
_913962
245 1 0 _aMoral Rules and the Moral Sentiments:
_bToward a Theory of an Optimal Moral System /
_cLouis Kaplow, Steven Shavell.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2001.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w8688
500 _aDecember 2001.
520 3 _aWe examine how moral sanctions and rewards, notably the moral sentiments involving feelings of guilt and virtue, would be employed to govern individuals' behavior if the objective were to maximize social welfare. In our model, we analyze how the optimal use of guilt and virtue is influenced by the nature of the behavior under consideration, the costs of inculcating moral rules, constraints on the capacity to experience guilt and virtue, the fact that guilt and virtue often must be applied to groups of acts rather than be tailored to every conceivable type of act, and the direct effect of feelings of guilt and virtue on individuals' utility. We also consider a number of ways that the model could be extended, discuss the extent to which our analysis is consistent with the observed use of guilt and virtue, and relate our conclusions to longstanding philosophical debates about morality.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aD11 - Consumer Economics: Theory
_2Journal of Economic Literature class.
690 7 _aD62 - Externalities
_2Journal of Economic Literature class.
700 1 _aShavell, Steven.
_920629
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w8688.
856 4 0 _uhttps://www.nber.org/papers/w8688
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w8688
942 _2ddc
_cW-PAPER
999 _c339504
_d298066