Economic Models of Sin and Remorse: Some Simple Analytics
Review of Social Economy, 2004, vol. 62, issue 2, 201-219
Economists have recently shown a renewed interest in studying immoral behavior and the feelings of guilt or remorse that such acts engender. Yet the research in this nascent literature has generally lacked mathematical rigor and precision, and the disparate models have not been reconciled with one another. The present paper reviews and formalizes several such efforts in an attempt to form a more unified starting point for future research in this area.
Keywords: morality; sin; contrition; remorse (search for similar items in EconPapers)
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