What is the value of self-interest?
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Published:
Jul 1, 2005
Keywords:
Self-Interest Adam Smith Friedrich Hayek Rational Choice Institutions
Main Article Content
Abstract
The article critically reviews past and current justifications for the theoretical use of the behavioral assumption of self-interest, explanatory, normative, representational and critical, focusing on the critical function. This latter emerges from an incursion into the modern history of ideas and may be shown still to fertilize a number of contemporary economic approaches.
JEL Classification: B12; B21; B41; B52.
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How to Cite
Kerstenetzky, Celia Lessa. 2005. “What Is the Value of Self-Interest? ”. Brazilian Journal of Political Economy 25 (3):254-76. https://periodicos.fgv.br/bjpe/article/view/95715.
Section
Review