Moral Cost, Commitment, and Committee Size

نویسندگان
چکیده

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منابع مشابه

Research Area Markets and Political Economy Research Unit Market Processes and Governance Forschungsschwerpunkt Markt Und Politische Ökonomie Abteilung Marktprozesse Und Steuerung Moral Cost, Commitment, and Committee Size

Consider a committee that in the past has made a promise not to confiscate the profits from a foreign investor. After the investment has taken place, there is a material benefit if the committee decides to default on the earlier promise. But there are also some small moral costs for those who vote in favor of default. We show that in such situations small committees are more likely to default t...

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Moral and Rational Commitment

We often use the term ‘commitment’ to make claims of apparent normative import. An ontologically scrupulous philosopher says that she cannot accept a certain principle because it would commit her to abstracta. A conscientious friend says that he’d like to make your party but feels bound by a prior commitment. A campaigning politician says that she’s the only candidate who’s really committed to ...

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The Lockhart Committee: developing policy through commitment to moral values, community and democratic processes.

The Lockhart Committee was appointed by the federal government in 2005 to review the Prohibition of Human Cloning Act 2002 (Cth) and the Research Involving Human Embryos Act 2002 (Cth). The issues in the review are ones on which community views differ widely and many people hold strong and diverging opinions. Yet all members of the committee were able to agree on their recommendations when the ...

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Dynamic moral hazard without commitment

We study a discrete-time model of repeated moral hazard without commitment. In every period, a principal finances a project, choosing the scale of the project and a contingent payment plan for an agent, who has the opportunity to appropriate the returns of a successful project unbeknownst the principal. The absence of commitment is reflected both in the solution concept (perfect Bayesian equili...

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Kant’s Philosophy of Religion and the Challenges of Moral Commitment

Kant believes that the concepts of a just and compassionate God and the life beyond death spring from our rational need to unite happiness with virtue. But since Kant had banished happiness from any place in moral reasoning, his philosophy of religion have been deemed as not merely discontinuous with his ethics but radically opposed to it. This article tries to argue against this apparent incon...

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ژورنال

عنوان ژورنال: Journal of Institutional and Theoretical Economics

سال: 2005

ISSN: 0932-4569

DOI: 10.1628/093245605775075924