Summary
This chapter asks why economic behavior has evolved in the human species. It starts by considering what definition of economic behavior would be adequate in a biological context, and concludes that neither scarcity nor rationality will provide one. Next, the question of whether animals other than humans show economic behavior is considered; it is concluded that in a limited sense they do, but that they do not have an economy in the sense of an organized system of division of labor and exchange relationships. Then the question of why this kind of behavior has emerged in humans alone is considered. It is concluded that human intelligence is not the answer, and that though human language might be, its evolution might equally be a consequence of the prior emergence of an economy. Rather, the origins of the economy seem to lie in the fact that humans are hunters who, being primates, possess hands and are in addition highly social. This argument leads to the surprising conclusion that economic behavior does not derive from biological selfishness, but from the less usual situation of natural co-operation.
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Lea, S.E.G. (1994). The Evolutionary Biology of Economic Behavior. In: Brandstätter, H., Güth, W. (eds) Essays on Economic Psychology. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48621-0_3
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DOI: https://doi.org/10.1007/978-3-642-48621-0_3
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