Economic Consequences of Altruism

A Two-Group Growth Model of the Welfare Economy
  • Wei-Bin Zhang
Chapter

Abstract

Over years many efforts have been made to enlarge the scope of economic analysis. Social and economic issues such as family, morality, law, discrimination, altruism, communitarianism, and sexual relationships have been integrated into economic analyses (e.g., Becker, 1957, 1981a, Casson, 1997a, 1997b, Kapur, 1999, Zhang, 1999a). It has become clear that introduction of ‘non-economic variables’ into economic analysis often provides new insights about relations between individuals and society. ‘Invisible relationships’ between different social and economic phenomena are often ‘discovered’ by new analytical connections.

Keywords

Income 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 1.
    Becker, G. (1957) The Economics of Discrimination. Chicago: The University of Chicago Press.Google Scholar
  2. 2.
    Becker, G.S. (1981) Altruism in the Family and Selfishness in the Market Place. Economica 48, 1–15.CrossRefGoogle Scholar
  3. 3.
    Becker, G. (1981a) A Treatise on the Family. Mass., Cambridge: Harvard University Press.Google Scholar
  4. 4.
    Burmeister, E. and Dobell, A.R. (1970) Mathematical Theories of Economic Growth. London: Collier Macmillan Publishers.Google Scholar
  5. 5.
    Casson, M. (1997a) Culture. Social Norms and Economics — Economic Behaviour, Vol. I. Cheltenham: Edward Elgar Publishing Limited.Google Scholar
  6. 6.
    Casson, M. (1997b) Culture, Social Norms and Economics — Economic Performance, Vol. II. Cheltenham: Edward Elgar Publishing Limited.Google Scholar
  7. 7.
    Collard, D. (1978) Altruism and Economy — A Study in Non-Selfish Economics. Oxford: Martin Robertson & Company.Google Scholar
  8. 8.
    Fonseca, E.G. Da. (1991) Beliefs in Action — Economic Philosophy and Social Change. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  9. 9.
    Kolm, S.C. (1983) Altruism and Efficiency. Ethics 94, 18–65.CrossRefGoogle Scholar
  10. 10.
    Kaldor, N. (1955) Alternative Theories of Distribution. Review of Economic Studies 23, 83–100.CrossRefGoogle Scholar
  11. 11.
    Kapur, B.K. (1999) A Communitarian Utility Function and Its Social and Economic Implications. Economics and Philosophy 15, 43–62.CrossRefGoogle Scholar
  12. 12.
    Marglin, S.A. (1984) Growth. Distribution, and Prices. Cambridge: Harvard University Press.Google Scholar
  13. 13.
    Marshall, A. (1890) Principles of Economics. London: Macmillan.Google Scholar
  14. 14.
    Miller, D. (1988) Altruism and the Welfare State, in Responsibility. Rights. and Welfare: The Theory of the Welfare State, 163–88, edited by J.D. Moon. London: Westview Press.Google Scholar
  15. 15.
    Panico, C. and Salvadori, N. (1993, edited) Post Keynesian Theory of Growth and Distribution. Vermont: Elward Elgar Publishing Limited.Google Scholar
  16. 16.
    Pasinetti, L.L. (1974) Growth and Income Distribution — Essays in Economic Theory. Cambridge: Cambridge University Press.Google Scholar
  17. 17.
    Phelps, E.S. (1975, edited) Altruism, Morality and Economic Theory. New York: Russell Sage Foundation.Google Scholar
  18. 18.
    Salvadori, N. (1991) Post-Keynesian Theory of Distribution in the Long Run. In Nicholas Kaldor and Mainstream Economics — Confrontation or Convergence? edited by E.J. Nell and W. Semmler, London: Macmillan.Google Scholar
  19. 19.
    Samuelson, P.A. and Modigliani, F. (1966) The Pasinetti Paradox in Neo-Classical and More General Models. The eview of Economic Studies XXXIII, 269–301.CrossRefGoogle Scholar
  20. 20.
    Sato, K. (1966) The Neoclassical Theorem and Distribution of Income and Wealth. The Review of Economic Studies XXXIII, 331–336.CrossRefGoogle Scholar
  21. 21.
    Stark, O. (1995) Altruism and Beyond — An Economic Analysis of Transfers and Exchanges within Families and Groups. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  22. 22.
    Sugden, R. (1984) Reciprocity: The Supply of Public Goods Through Voluntary Contributions. The Economic Journal 94, 772–787.CrossRefGoogle Scholar
  23. 23.
    Zamagni, S. (1995, Ed.) The Economics of Altruism. Vermont: Edward Elgar Publishing Co.Google Scholar
  24. 24.
    Zhang, W.B. (1989) Economic Dynamic-Growth and Development. Heidelberg: Springer.Google Scholar
  25. 25.
    Zhang, W.B. (1999) Confucianism and Modernization. London: Macmillan.CrossRefGoogle Scholar
  26. 26.
    Zhang, W.B. (1999a) Capital and Knowledge — Dynamics of Economic Structures with Non-Constant Returns. Heidelberg: Springer.Google Scholar
  27. 27.
    Zhang, W.B. (2000) Adam Smith and Confucius — The Theory of Moral Sentiments and The Analects. New York: Nova Science.Google Scholar

Copyright information

© Springer Science+Business Media New York 2002

Authors and Affiliations

  • Wei-Bin Zhang

There are no affiliations available

Personalised recommendations