Alberto Grillo

Internal seminars
Eco-lunch

Alberto Grillo

AMSE
Cooperation through universalistic morality
Venue

MEGA Salle Carine Nourry

MEGA - Salle Carine Nourry

Maison de l'économie et de la gestion d'Aix
424 chemin du viaduc
13080 Aix-en-Provence

Date(s)
Thursday, October 28 2021| 12:30pm to 1:30pm
Contact(s)

Nathalie Ferrière: nathalie.ferriere[at]sciencespo-aix.fr
Federico Trionfetti: federico.trionfetti[at]univ-amu.fr

Abstract

This paper studies cooperation and morality in economics, with regard to the so-called Kantian behavior. I propose a theory for interpreting the Kantian universalization principle in egalitarian terms, when agents are asymmetrically situated. As such, equivalent strategies are those that, if played jointly, yield equal payoff gains to the agents, with respect to some reference outcome. I show that the resulting equivalence relation satisfies a consistency property: agents optimizing under the constraint of universalistic morality choose indeed equivalent strategies. The outcome of agents' interaction corresponds to the egalitarian solution in the associated bargaining problem, which is Pareto-efficient under mild regularity conditions. I present two applications in a game of public good provision and in a voting model with costly turnout.