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COMPETITION OR CO‐OPERATION: ON THE EVOLUTIONARY ECONOMICS OF TRUST, EXPLOITATION AND MORAL ATTITUDES
Author(s) -
Güth Werner,
Kliemt Hartmut
Publication year - 1994
Publication title -
metroeconomica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.256
H-Index - 29
eISSN - 1467-999X
pISSN - 0026-1386
DOI - 10.1111/j.1467-999x.1994.tb00018.x
Subject(s) - passions , economics , competition (biology) , power (physics) , positive economics , law and economics , social psychology , psychology , philosophy , epistemology , ecology , physics , quantum mechanics , biology
”For he that performeth first, has no assurance the other will performe after; because the bonds of words are too weak to bridle men's ambition, avarice, anger, and other Passions, without the feare of some coercive Power; which in the condition of meer Nature, where all men are equall, and judges of the justness of their own fears cannot possibly be supposed. And therefore he which performeth first, does but betray himselfe…” (Hobbes, Leviathan, chap. 14).