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Utility and framing

Synthese 176 (1):83 - 103 (2010)

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  1. How should we reconcile self-regarding and pro-social motivations? A renaissance of “das Adam Smith problem”.Natalie Gold - 2020 - Social Philosophy and Policy 37 (1):80-102.
    “Das Adam Smith Problem” is the name given by eighteenth-century German scholars to the question of how to reconcile the role of self-interest in the Wealth of Nations with Smith’s advocacy of sympathy in Theory of Moral Sentiments. As the discipline of economics developed, it focused on the interaction of selfish agents, pursuing their private interests. However, behavioral economists have rediscovered the existence and importance of multiple motivations, and a new Das Adam Smith Problem has arisen, of how to accommodate (...)
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  • The limits of commodification arguments: Framing, motivation crowding, and shared valuations.Natalie Gold - 2019 - Politics, Philosophy and Economics 18 (2):165-192.
    I connect commodification arguments to an empirical literature, present a mechanism by which commodification may occur, and show how this may restrict the range of goods and services that are subject to commodification, therefore having implications for the use of commodification arguments in political theory. Commodification arguments assert that some people’s trading a good or service can debase it for third parties. They consist of a normative premise, a theory of value, and an empirical premise, a mechanism whereby some people’s (...)
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