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How should we reconcile self-regarding and pro-social motivations? A renaissance of “Das Adam Smith Problem”

Abstract:

“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...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1017/S0265052520000059

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Institution:
University of Oxford
Division:
HUMS
Department:
Philosophy Faculty
Role:
Author
ORCID:
0000-0003-0706-1618
Publisher:
Cambridge University Press Publisher's website
Journal:
Social Philosophy and Policy Journal website
Volume:
37
Issue:
1
Pages:
80-102
Publication date:
2021-01-07
Acceptance date:
2019-04-21
DOI:
EISSN:
1471-6437
ISSN:
0265-0525
Language:
English
Keywords:
Pubs id:
pubs:995181
UUID:
uuid:64e43671-2676-4bce-bd93-730368ed19df
Local pid:
pubs:995181
Source identifiers:
995181
Deposit date:
2019-05-01

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