"why have other regarding preferences?"
(a) "to protect the self from possible rent seeking we must understand the actions of the other"
(b) "this is evolutionarily sustainable strategy to preserve the species"
which answer grabs you? Are (a) and (b) independent of each other? What implicit assumptions underlie this question?
2 comments:
a little of (a) but more of a third reason (c)which is that i regard others when their regard is in my utility function. it affects me directly, right then.
yes, but why is their regard in your utility function?
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