Passions Within Reason: The Strategic Role of the Emotions
Categories: Business & Money, Science & Math
Economist Robert H. Frank argues that emotions such as guilt, love, anger and a sense of fairness can be rational in a strategic sense. They commit people to behaviors that self-interest alone would not support, such as keeping promises or punishing cheaters even at a cost to themselves. Frank shows how these commitment problems explain honesty, trust and cooperation, and why people with genuine moral emotions can prosper.
Recommended by 1 person
- Shane Parrish: “Books Everyone Should Read on Psychology and Behavioral Economics … I wanted to choose books that these military leaders wouldn’t normally have come across in everyday life. Books they were unlikely to have read. Books that offered perspective. — Passions Within Reason: The Strategic Role of the Emotions by Robert H. Frank”