How not to think about moral values

Elias L. Khalil

Research output: Contribution to journalComment / DebateResearchpeer-review

Abstract

Paul Zak highlights the importance of moral values in market exchange. But how should we think about moral values? This comment highlights two distinctions that are largely ignored in the literature: first, we need to distinguish benevolence (altruism) from justice. Second, we need to distinguish pride and other symbolic utility from wellbeing or what can be called primary utility.

Original languageEnglish
Pages (from-to)234-238
Number of pages5
JournalJournal of Economic Behavior and Organization
Volume77
Issue number2
DOIs
Publication statusPublished - Feb 2011

Keywords

  • Benevolence
  • Justice
  • Primary utility
  • Respect
  • Symbolic utility

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