Virtue and Behavior
Review of Social Economy, 2009, vol. 67, issue 1, 3-24
This paper supports Amartya Sen's contention that our moral behavior cannot be represented in economic modeling, given the assumptions accepted by most rational choice theorists. In this paper Sen's argument is supplemented by traditional virtue ethics, which can account for how and why “commitment” is counter-preferential. Yet the changes to economic methodology that Sen recommends are rendered unnecessary by a particular innovation in Stoic ethical theory. If the Stoic distinction between indifferent goods and moral goods is invoked, economics can proceed apace, under the assumption that it is the science that handles our behavior in regard to indifferents only.
Keywords: stoicism; ethics; value; virtue; rational choice (search for similar items in EconPapers)
References: View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:rsocec:v:67:y:2009:i:1:p:3-24
Ordering information: This journal article can be ordered from
Access Statistics for this article
Review of Social Economy is currently edited by Wilfred Dolfsma and John Davis
More articles in Review of Social Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().