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Margolis, Selfishness, Altruism and Rationality, a Theory of Social Choice.

Margolis, Selfishness, Altruism and Rationality, a Theory of Social Choice.

Margolis, Howard. Selfishness, Altruism and Rationality, a Theory of Social Choice. Cambridge, London, New York, New Rochelle, Melbourne, Sydney, Cambridge University Press, 1982. 23.2cm x 15.5cm. XII, 194 pages. Original Hardcover. Very good condition with only minor signs of wear. Former library copy with all usual signs (stamps / signs). Internally bright and clean. No markings.

Author Margolis, Center for International Studies, Massachusetts Institue of Technology/ quotes from James S. Coleman and Gaetano Mosca (″The Ruling Class)”/ applying the economic “rational choice” perspective to social choice/ paradoxes/ examples of empirical situations in which the conventional model leads to paradoxical results/ three distinct components of motivation: self-interest, group-interest and participation/ Darwinian view/ a Darwinian argument/ an equilibrium condition which incorporates these three motives/ “selfish gene” arguments/ psychological sense of being in equilibrium/ the model in terms of abstract choice to how it would work in real situations/ approaches discussed/ the dynamics of group-loyalty in complex societies/ nonrational motivation/ coerced spending (taxes)/ matters prominent in the current economics literature/ demand-revealing mechanisms (″incentive compatibility”)/ an opportunity to try to follow Kuhn’s advice on the problem of “translating across paradigms/ equations such as the kind used by Downs in his “Economic Theory of Democracy”/ extended Lindahl-Samuelson equilibria/ properties of the FS model/ voting/ a series of topics treated by Downs and Olson in their path-breaking books/ argues that a wide range of social behavior can be comprehended in terms of what is, after all, a rather simple model/ there is more “inside Smith” than S-Smith and G-Smith etc.

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