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On Virtue Economics

Baurmann, Michael; BRENNAN, geoffrey


This chapter makes a case for economists taking account of agent virtue in their models, on the grounds that doing so both broadens the normative base that economists standardly deploy and adds explanatory power in many settings of interest to economists. After distinguishing three different ways in which virtue might be included in economic analysis—virtue as intrinsically valuable, virtue as derivatively valuable, and virtue as fact—we examine the relevance of virtue to three topics:...[Show more]

CollectionsANU Research Publications
Date published: 2016
Type: Book chapter
Book Title: Economics and the Virtues: Building a New Moral Foundation
DOI: 10.1093/acprof:oso/9780198701392.003.0007


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