1987
DOI: 10.1086/292886
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Morality and the Theory of Rational Choice

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Cited by 20 publications
(5 citation statements)
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“…Of course, the costlessness assumption is unrealistic: In real life, prolonged bargaining will turn out to be costly in a number of ways. Still, even though this situation is unrealistic, I don't think the idea of rational choice in this situation is incoherent in the way Kraus and Coleman (1991) argue it is. They argue that without there being any cost of bargaining, there is no basis for choice anymore.…”
Section: The Contractarian Bargaining Problemmentioning
confidence: 99%
“…Of course, the costlessness assumption is unrealistic: In real life, prolonged bargaining will turn out to be costly in a number of ways. Still, even though this situation is unrealistic, I don't think the idea of rational choice in this situation is incoherent in the way Kraus and Coleman (1991) argue it is. They argue that without there being any cost of bargaining, there is no basis for choice anymore.…”
Section: The Contractarian Bargaining Problemmentioning
confidence: 99%
“…This prediction is, of course, demonstrably wrong. Originally explained away as a paradox (e.g., Olson, 1965; see also Dekel & Gul, 1997, for a particularly nuanced analysis), the fact that people do indeed forgo personal gain for the good of the group has been attributed by rational choice theorists variously to moral behavior ultimately being a rational strategy (Kraus & Coleman, 1987), rational analysis prescribing that one should expect a variety of behavioral approaches across group members (Kreps et al, 1982; Ostrom, 1997), or that rationality prescribes behavior for ongoing social relationships that differs from how one should behave in one-time interactions (Buskens & Raub, 2013; Granovetter, 1985). Which of these perspectives has the greatest amount of support is irrelevant for our purposes.…”
Section: Expert Versus Lay Perceptions Of Cooperationmentioning
confidence: 99%
“…The success of Gauthier's argument is a matter of dispute (e.g., [13]), but even if sound it does not serve the cause of morality unless rational individuals (or firms) negotiate a social contract with some kind of moral content. Gauthier maintains rational individuals will strive to minimize the relative concession they must make to obtain an agreement.…”
Section: Social Contract Argumentsmentioning
confidence: 99%