Frugality

18 Pages Posted: 2 Nov 2010

See all articles by Antonio Argandoña

Antonio Argandoña

University of Navarra - IESE Business School

Date Written: July 2, 2010

Abstract

Frugality is a little studied virtue, but one that is important to the lives of individuals and families, communities and broader societies. In this article we consider what we mean by frugality and discuss its role in the decision-making process, within action theory. This leads us to a normative explanation of why frugality is needed and what it signifies.

Keywords: Action theory, Frugality, Lifestyle, Prudence, Saving, Sobriety, Temperance, Virtue

Suggested Citation

Argandoña, Antonio, Frugality (July 2, 2010). IESE Business School Working Paper No. 873, Available at SSRN: https://ssrn.com/abstract=1701699 or http://dx.doi.org/10.2139/ssrn.1701699

Antonio Argandoña (Contact Author)

University of Navarra - IESE Business School ( email )

Avenida Pearson 21
Barcelona, 08034
Spain
+34 93 2534200 (Phone)
+34 93 2534343 (Fax)