Tuesday, 2 June 2009

Philosophical Foundations of Law and Finance - 18th Weekly Meeting

At the 18th weekly meeting of the Advanced Research Programme on the Philosophical Foundations of Law and Finance (Friday 5th June, 6.00-8.00pm, Room 501, 309 Regent St) we will enquire on oaths and ethos, sacrifice and beliefs.

Joe will discuss a little work by Joseph Henrich. Henrich has worked out an ‘equation’ for sacrifice (costly behaviour) as increasing the probability of sincerity. Thus, there is a difference between the Harvard MBA oath to not do anything unethical (see New York Times http://www.nytimes.com/2009/05/30/business/30oath.html?em) and a saint's or prophet's vow of poverty or chastity. This is putting their money where their mouth is. ("Suffering for your beliefs makes others believe too", see New Scientist, 30 May 2009, at 9, http://www.newscientist.com/article/mg20227103.800-religions-owe-their-success-to-suffering-martyrs.html).

See you there!



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