Grounding multidisciplinary public policy analysis in methodological individualism: with an illustrating study of the economic and political effects of variations in a nation’s average work ethic

Roger Congleton

International Journal of Economic Policy Studies, 2023, vol. 17, issue 2, No 2, 383 pages

Abstract: Abstract This paper suggests that a relatively minor, but important generalization of the rational choice approach used in economics and game theory can provide sufficient flexibility, breadth, and realism to be used as the basis for interdisciplinary analysis. Multi-disciplinary analysis does not require abandoning the “rational” choice model of individual decision making worked out over the past century and a half by economists, game theorists, and other users of rational-choice models in sociology, political science, history, biology, and philosophy. This paper illustrates how this can be done by modeling the economic and political effects of the average strength of a nation’s work ethic and testing some of its implications.

Keywords: Multidisciplinary; Work ethic; Homo constitutionalus; Growth rates; Effective labor supply; Social insurance (search for similar items in EconPapers)
JEL-codes: B40 D01 D70 D80 D9 G10 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s42495-023-00109-9

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