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Cooperative Intentions
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Chapter 10 presents an analysis of ‘intentions for mutual benefit’. This builds on theories of team reasoning, but uses opportunity-based rather than preference-based concepts and makes minimal assumptions about people’s rationality. In a population of people who act on intentions for mutual benefit, those actions tend to reproduce practices that provide opportunities for mutual benefit. Intentions for mutual benefit are neither self-interested nor altruistic. Such intentions do not lead to the Paradox of Trust, and can be expressed in ordinary market behaviour. If market participants act on intentions for mutual benefit, market relationships are fundamentally cooperative, contrary to the virtue-ethical critique considered in Chapter 9.
Title: Cooperative Intentions
Description:
Chapter 10 presents an analysis of ‘intentions for mutual benefit’.
This builds on theories of team reasoning, but uses opportunity-based rather than preference-based concepts and makes minimal assumptions about people’s rationality.
In a population of people who act on intentions for mutual benefit, those actions tend to reproduce practices that provide opportunities for mutual benefit.
Intentions for mutual benefit are neither self-interested nor altruistic.
Such intentions do not lead to the Paradox of Trust, and can be expressed in ordinary market behaviour.
If market participants act on intentions for mutual benefit, market relationships are fundamentally cooperative, contrary to the virtue-ethical critique considered in Chapter 9.
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