Titlebook: Ethical Issues in Economics; From Altruism to Coo M. Teresa Lunati Book 1997 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Competitive vs Cooperative Individuals and Moral Principles of Cooperation,hostile environment, such as that of the one-shot Prisoner’s Dilemma, for which game theory and economics predict, as for other less troublesome situations, the ‘rational’ but inefficient non-cooperative outcome.

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Efficiency and Equity: A Short-Run, Short-Sighted Trade-Off,and social and political) issue. Indeed, it is a key issue not only for individuals’ present welfare, as it affects economic activity and performance, but also for economic growth and hence for individuals’ future welfare.

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