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What's important for you in life? A general and pluralistic model of economic agents’ motivation

Laurent Zibell

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2011, vol. 40, issue 5, 503-515

Abstract: This article refines the theory of economic agents’ motivations beyond the alternative between egoistic self-interest and a generic altruism. It addresses the potential weakness of ‘altruism’ theories that the number of ‘others’ claiming empathy and care is potentially infinite. It contends that economic agents are motivated by a strive to contribute to a superior ‘common good’ and to reach positions of higher ‘worth’ in one of eight (and only eight) ‘polities’: four collective polities (tradition, liberty, visionary, communitarian) and four individual ones (moral, innovative and creative, management and military, science and academia), whose existence is justified by the concordance of independent works in economic sociology, analytical psychology and historical anthropology. The predictive capacity of the model is exposed.

Keywords: Motivation; Economic agent; Altruism; Behaviour; Self-interest; Polity (search for similar items in EconPapers)
JEL-codes: D01 D03 D63 L21 M14 Z13 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:40:y:2011:i:5:p:503-515

DOI: 10.1016/j.socec.2010.12.015

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Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) is currently edited by Pablo Brañas Garza

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