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Published on: March 2, 2011
Intertemporal bargaining predicts moral behavior, even in anonymous, one-shot economic games
1School of Economics, University of Cape Town, Rondebosch 7701, South Africa. George.Ainslie@va.gov
Acting fairly can be a self-control challenge when short-term cheating offers benefits. Viewing ethical decisions as a repeated prisoner’s dilemma, where cooperation is key, offers an effective solution for long-term gains.
Area of Science:
- Behavioral Economics
- Game Theory
- Moral Psychology
Background:
- Individuals face a conflict between short-term desires (e.g., cheating) and long-term interests (e.g., acting fairly).
- This conflict can be framed as a self-control problem, requiring strategies to manage impulses.
Purpose of the Study:
- To propose a framework for understanding and resolving the self-control problem inherent in ethical decision-making.
- To explore the application of game theory, specifically the repeated prisoner's dilemma, to moral choices.
Main Methods:
- Conceptual analysis framing ethical dilemmas as a repeated prisoner's dilemma.
- Interpreting individual choices as predictive of future behavior within an intertemporal cooperation model.
Main Results:
- Short-term impulses to cheat are identified as a self-control problem.
- Viewing ethical choices within a repeated prisoner's dilemma structure provides an effective solution.
- Moral choice is understood as a product of self-enforcing intertemporal cooperation.
Conclusions:
- Ethical behavior can be sustained through a framework of ongoing cooperation and mutual expectation.
- The repeated prisoner's dilemma model offers insights into the psychological mechanisms underlying moral decision-making.
- Long-term cooperation, driven by self-enforcing contracts, underpins moral choice.
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