Invited Essay: A New System Of Politics: Government,Governance, And Political Decision Making In The Twenty-First Century

The present system of politics is based on the centrality of economics. This system is not capable of coming to grips with the problems confronting humanity. A culture-based system of politics is required to do this and prevent ecological disaster. This system would make it possible to reduce the demands human beings are making on the natural environment and situate human welfare, environmental well-being, and the public interest at the core of the political process. The risks of such a system could be reduced through cultural education and improved cultural understanding.     

Survey and behavioral measurements of interpersonal trust

Although many studies treat trust as a situational construct, individual differences can be used to study and predict trusting behavior. We report two studies, the first showing the psychometric properties of a new trust inventory (the Propensity to Trust Survey or PTS), the second study validating this inventory using the standard economic task, the Investment Game. The first study utilized online survey data (N > 8000) to show that the PTS scales were reliable and measured broad constructs related to Big Five personality domains. Trust was related to extraversion and negative neuroticism, and trustworthiness was related to agreeableness and conscientiousness. The second study (N = 90) validated the PTS trust scale as a predictor of behavior in the Investment Game. These findings are evidence that trust and trustworthiness are compound personality traits, and that PTS scales are preferable to general Big Five measures for predicting trusting behavior.     

Diminishing marginal value as delay discounting.

The fundamental law underlying economic demand and exchange is the tendency for value of marginal units to diminish with increasing amounts of a commodity. The present paper demonstrates that this law follows from three still-more-basic psychological assumptions: (a) limited consumption rate, (b) delay discounting, and (c) choice of highest valued alternative. Cases of diminishing marginal value apparently due to pure intensity of reward may plausibly be attributed to the above three factors. The further assumption that maximum consumption rate may vary within and across individuals implies that some substances may be unusually addictive and that some individual animals may be unusually susceptible to addiction.     

The Evolution of Social Ethics: Using Economic History to Understand Economic Ethics

In the development of Roman Catholic social thought from the teachings of the scholastics to the modern social encyclicals, changes in normative economics reflect the transformation of an economic terrain from its feudal roots to the modern industrial economy. The preeminence accorded by the modern market to the allocative over the distributive function of price broke the convenient convergence of commutative and distributive justice in scholastic just price theory. Furthermore, the loss of custom, law, and usage in defining the boundaries of economic behavior led to a depersonalization of economic relationships that had previously provided effective informal means of protecting individual well-being. Hence, recent economic ethics has had to look for nonprice, nonmarket mechanisms for distributive justice. This is reflected, for example, in the shift in attitude from the medieval antipathy toward unions to the contemporary defense of organized labor on moral grounds.     

儿童经济现象认知的研究进展

经济现象广泛存在于社会生活,对经济现象的认知是儿童社会认知的重要组成部分。儿童对经济现象的认知包括对基本经济概念、经济原则、经济规律和经济行为的认知等。研究表明,儿童对基本经济概念的理解随着年龄的增长而不断发展,但是受环境和经验因素的影响,存在跨文化的差异。儿童对不同经济概念理解的发展是不同步的。儿童可能很早就出现对基本经济概念内隐性的理解。儿童对经济原则和经济规律的理解也是随着年龄的增长而不断发展的,并且和他们对基本经济概念的理解息息相关。储蓄行为是一种重要的经济行为。12岁的儿童能够理解储蓄的多重目的,并仍处于发展之中。     

现实理性：一个理解经济行为的框架

该将人类理性的现实表现作为理解经济行为的框架。该框架强调,主观上人类有效用最大化的追求,但由于感知觉和思维加工能力的缺陷,行为表现经常偏离理论理性。章从认知心理学的角度介绍Kahneman和Tversky的主要研究成果,包括影响最大的前景理论,其他有关算法式和偏误的研究,以及决策和情绪的关系。章的最后还介绍对Kahneman和Tversky的批评。