What is the value of self-interest?

Vol. 25 No. 3 (2005)

Jul-Sep / 2005
Published July 1, 2005
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Kerstenetzky, Celia Lessa. 2005. “What Is the Value of Self-Interest? ”. Brazilian Journal of Political Economy 25 (3):254-76. https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/642.

What is the value of self-interest?

Celia Lessa Kerstenetzky
Professora do Departamento de Economia da Universidade Federal Fluminense - UFF, Rio de Janeiro, pesquisadora do CNPq.
Brazilian Journal of Political Economy, Vol. 25 No. 3 (2005), Jul-Sep / 2005, Pages 254-276

Abstract

The article critically reviews past and current justifications for the theoretical use of the behavioral assumption of self-interest, explanatory, normative, representational and critical, focusing on the critical function. This latter emerges from an incursion into the modern history of ideas and may be shown still to fertilize a number of contemporary economic approaches.

JEL Classification: B12; B21; B41; B52.


Keywords: Self-Interest Adam Smith Friedrich Hayek Rational Choice Institutions