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S355
I. Self-InterestEquals InclusiveFitness
Rationalityin economic theory is primarilya rationalityof the means
whereby individuals (whether biological persons or firms) maximize
utilities. Especially where the behavior of persons is at issue, the con-
tent of the utilities is left open, unspecified by theory. While it is a
maximizationof "self-interest," the contents of self-interestare usu-
ally not specifiedby the theory. Mergingsuch self-interesttheory with
evolutionarybiology offers the promise of theoreticalgroundsfor pre-
dicting such contents, that is, predicting what sorts of interests the
products of biological evolution would be apt to have. The paper by
Lucas (in this issue) makes the equation between adaptationand op-
timizing, which I am assuming.
The answer of sociobiology, based on Hamilton's(1964/1971)crucial
papers and elaboratedby Wilson (1975), Alexander (1979), and many
others, is to derive all more specific interests from the ultimategoal of
inclusive fitness, maximizingthe frequency of one's genes in future
generations. Through the related concept of kin selection, Hamilton
and the others point out that this is furtherednot only throughone's
own offspringbut also, in diluted degree, by the progeny of relatives.
Thus nepotism becomes an aspect of self-interest.
VI. Summary
As several economists have noted, there are numerousparallelsfavor-
ing an integral relation between economic theory and evolutionary
biology. Evolutionarytheory also leads to predictions of the utilities
that an organism is likely to maximize and, in the concepts of kin
selection and inclusive fitness, expands self-interestto include nepo-
tism. But for reasons of pragmaticeconomy evolutionaryadaptations
are never complete for the ecology adaptedto and can be maladaptive
in novel ecologies.
Evolutionaryanalyses of social insect and humancomplex division
of labor systems point out the rationalityof wanting to restrain the
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