BSU bulletin. Economy and Management
Bibliographic description:
MODERN APPROACHES TO THE ECONOMIC MODELING OF MORAL NORMS // BSU bulletin. Economy and Management. - 2017. №4. . - С. 82-88.
Title:
MODERN APPROACHES TO THE ECONOMIC MODELING OF MORAL NORMS
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Annotation:
The article deals with modern mathematical models of such phenomena as altruism, empathy, trust, envy, brought together under the name of "moral norms". We have described game- theoretic models "Ultimatum", "Dictator", "Trust" and the approach taking into account the so-called "social preferences". It is believed that moral standards directly affect the economic behavior of individuals in a developed community.
Keywords:
behavioral economics; informal institutions; economic behavior; culture; moral- ity; trust; mathematical models of moral norms.
List of references:
Article.pdf