The Morality Of Economic Behaviour

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The Morality of Economic Behaviour

Vangelis Chiotis
The Morality of Economic Behaviour Book PDF

Author : Vangelis Chiotis
Publisher : Routledge
Page : 144 pages
File Size : 52,9 Mb
Release : 2020-05-25
Category : Business & Economics
ISBN : 9781351168861

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The Morality of Economic Behaviour by Vangelis Chiotis Pdf

The links between self-interest and morality have been examined in moral philosophy since Plato. Economics is a mostly value-free discipline, having lost its original ethical dimension as described by Adam Smith. Examining moral philosophy through the framework provided by economics offers new insights into both disciplines and the discussion on the origins and nature of morality. The Morality of Economic Behaviour: Economics as Ethics argues that moral behaviour does not need to be exogenously encouraged or enforced because morality is a side effect of interactions between self-interested agents. The argument relies on two important parameters: behaviour in a social environment and the effects of intertemporal choice on rational behaviour. Considering social structures and repeated interactions on rational maximisation allows an argument for the morality of economic behaviour. Amoral agents interacting within society can reach moral outcomes. Thus, economics becomes a synthesis of moral and rational choice theory bypassing the problems of ethics in economic behaviour whilst promoting moral behaviour and ethical outcomes. This approach sheds new light on practical issues such as economic policy, business ethics and social responsibility. This book is of interest primarily to students of politics, economics and philosophy but will also appeal to anyone who is interested in morality and ethics, and their relationship with self-interest.

Behavioural Economics and Business Ethics

Philip Alexander Rajko
Behavioural Economics and Business Ethics Book PDF

Author : Philip Alexander Rajko
Publisher : Routledge
Page : 311 pages
File Size : 46,7 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136627934

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Behavioural Economics and Business Ethics by Philip Alexander Rajko Pdf

Economics and moral philosophy have in recent years been considered to be distinct and separate fields. However, behavioural economics has started to reconcile various aspects of morality and economics, which has offered new conceptual opportunities to advance economics ethics and business ethics. This book aims to advance economic ethics and business ethics by combining normative principles and empirical evidence grounded on the key motivational forces in economic decision making. It has three core objectives: to assess order ethics as a theory of both economic ethics and business ethics, using behavioural economics methods and evidence; to identify cardinal virtues for modern business ethics; to to set up valuable guidelines for the implementation of economic ethics and business ethics.

Ethics, Rationality, and Economic Behaviour

Francesco Farina,Frank Hahn,Stefano Vannucci
Ethics Rationality and Economic Behaviour Book PDF

Author : Francesco Farina,Frank Hahn,Stefano Vannucci
Publisher : Oxford University Press
Page : 370 pages
File Size : 48,5 Mb
Release : 1996
Category : Business & Economics
ISBN : 0198289812

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Ethics, Rationality, and Economic Behaviour by Francesco Farina,Frank Hahn,Stefano Vannucci Pdf

The connection between economics and ethics is as old as economics itself, and central to both disciplines. The essays included in the present volume provide an analysis of the connections between ethics and economics as viewed from several different - oft

Handbook of Economics and Ethics

Jan Peil,Irene van Staveren
Handbook of Economics and Ethics Book PDF

Author : Jan Peil,Irene van Staveren
Publisher : Edward Elgar Publishing
Page : 625 pages
File Size : 46,5 Mb
Release : 2009-01-01
Category : Business & Economics
ISBN : 9781848449305

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Handbook of Economics and Ethics by Jan Peil,Irene van Staveren Pdf

This volume pulls together a remarkable collection of contributors designed to challenge the positive-normative dichotomy in economic methodology. . . The intent of this publication is to provide a reference manual for those seeking insights into the connections between economics and ethics. It succeeds in that goal and should become a starting point for anyone who believes that mainstream economics needs methodological reorientation. . . Anyone interested in ethics and economic methodology would do well to have this reference book handy. Highly recommended. J. Halteman, Choice This new Handbook of Economics and Ethics makes a substantial contribution as a wide-ranging up-to-date reference work, including original developments, on these two fundamentally interconnected fields. This contribution is particularly timely, given the increasing attention being paid to economics as a moral science. The Handbook contains seventy-five expert entries on subjects ranging from the history of economics and philosophy to conceptual analysis of ethics in various aspects of modern economics, while representing a diversity of views. Sheila Dow, University of Stirling, UK The Handbook of Economics and Ethics portrays an understanding of economic methodology in which facts and values, though distinct, are closely interconnected in a variety of ways. From theory building to data collection, and from modelling to policy evaluation, this encyclopaedic Handbook is at the intersection of economics and ethics. Irene van Staveren and Jan Peil bring together 75 unique and original papers to provide up-to-date insights on topics such as markets, globalization, human development, rationality, efficiency, and corporate social responsibility. The book presents contributions from an array of international scholars using methodological and theoretical approaches, and convincingly demonstrates the death of the positive/normative dichotomy that so long held economics in its grip. This invaluable resource will strongly appeal to students of economics and economic methodology, philosophy of science and ethics. It will also be of great benefit to academics and policy-makers involved in economic policies and ethics.

A History of Homo Economicus

William Dixon,David Wilson
A History of Homo Economicus Book PDF

Author : William Dixon,David Wilson
Publisher : Routledge
Page : 138 pages
File Size : 49,6 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136499012

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A History of Homo Economicus by William Dixon,David Wilson Pdf

A key issue in economic discourse today is the relation (or lack of it) between economic behaviour and morality. Few (presumably) would want to deny that human beings are in some sense moral or ethical creatures, but the devil is in the detail. Should we think of economic behaviour as an essentially amoral process – a process adequately characterised by a means-ends rationality – into which any number of subjective ethical concerns or orientations may be intruded to give a particular action its determinate moral content? Or is it rather the case that our moral being runs deeper than this, in the sense that all of our behaviour – ‘economic’ or otherwise – is enabled or capacitated by a competence that is fundamentally ethical in character? With new analyses of the work of Hobbes and Smith, Dixon and Wilson offer a fresh approach to the debate surrounding economics and morality with a novel discussion of the self in economic theory. This book calls for a change in the way that the relation between economic behaviour and morality is understood – from an understanding of morality as a kind of preference that informs certain types of other-regarding behaviour (the way that modern economics understands the relationship), to an idea of morality as a competence that enables or, rather, conditions the possibility of all forms of human behaviour, other-regarding or not. Offering a new insight on homo economicus, this book will be of great interest to all those interested in the history of economics and of economic thought.

The Moral Foundation of Economic Behavior

David C. Rose
The Moral Foundation of Economic Behavior Book PDF

Author : David C. Rose
Publisher : Oxford University Press
Page : 288 pages
File Size : 48,6 Mb
Release : 2011-11-25
Category : Philosophy
ISBN : 9780199339853

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The Moral Foundation of Economic Behavior by David C. Rose Pdf

This book explains why moral beliefs can and likely do play an important role in the development and operation of market economies. It provides new arguments for why it is important that people genuinely trust others-even those whom they know don't particularly care about them-because in key circumstances institutions are incapable of combating opportunism. It then identifies specific characteristics that moral beliefs must have for the people who possess them to be regarded as trustworthy. When such moral beliefs are held with sufficient conviction by a sufficiently high proportion of the population, a high trust society emerges that supports maximum cooperation and creativity while permitting honest competition at the same time. Such moral beliefs are not tied to any particular religion and have nothing to do with moral earnestness or the set of moral values-what matters is how they affect the way people think about morality. Such moral beliefs are based on abstract ideas that must be learned so they are matters of culture, not genes, and are therefore able to explain differences in economic performance across societies.

Ethics and Economics

Mark D. White,Irene van Staveren
Ethics and Economics Book PDF

Author : Mark D. White,Irene van Staveren
Publisher : Routledge
Page : 259 pages
File Size : 48,5 Mb
Release : 2013-09-13
Category : Business & Economics
ISBN : 9781317988861

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Ethics and Economics by Mark D. White,Irene van Staveren Pdf

Since the days of Adam Smith, ethics and economics have been closely intertwined, and were nominally separated only with the advent of neoclassical economics in the beginning of the last century. This book features eleven essays by leading scholars in economics and philosophy who argue for a renewal of the bond between the two disciplines. Several of the contributors argue that the ethical content of economics and moral status of the market have been misunderstood, for better and for worse. Some recommend changes in the way that individual economic choice is modelled, in order to incorporate ethical as well as self-interested motivations. Finally, others question the way that societies assess economic policies that affect the welfare and dignity of their constituents. A wide range of philosophical perspectives is offered, drawing from the classic writings of Adam Smith, Immanuel Kant, and the ancient Stoics, to that of current scholars such as Amartya Sen, Elizabeth Anderson, and Christine Korsgaard. This book provides a comprehensive introduction to the cutting edge of interdisciplinary research between ethics and economics, and is sure to be an important resource for scholars in both fields. This book was published as a combination of the special issues Review of Political Economy and Review of Social Economy.

Altruism, Morality, and Economic Theory

Edmund S. Phelps
Altruism Morality and Economic Theory Book PDF

Author : Edmund S. Phelps
Publisher : Russell Sage Foundation
Page : 243 pages
File Size : 50,7 Mb
Release : 1975-05-21
Category : Business & Economics
ISBN : 9781610446792

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Altruism, Morality, and Economic Theory by Edmund S. Phelps Pdf

Presents a collection of papers by economists theorizing on the roles of altruism and morality versus self-interest in the shaping of human behavior and institutions. Specifically, the authors examine why some persons behave in an altruistic way without any apparent reward, thus defying the economist's model of utility maximization. The chapters are accompanied by commentaries from representatives of other disciplines, including law and philosophy.

On Ethics and Economics

Amartya Sen
On Ethics and Economics Book PDF

Author : Amartya Sen
Publisher : Wiley-Blackwell
Page : 148 pages
File Size : 47,5 Mb
Release : 1991-01-08
Category : Business & Economics
ISBN : 0631164014

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On Ethics and Economics by Amartya Sen Pdf

In this elegant critique, Amartya Sen argues that welfare economics can be enriched by paying more explicit attention to ethics, and that modern ethical studies can also benefit from a closer contact with economies. He argues further that even predictive and descriptive economics can be helped by making more room for welfare-economic considerations in the explanation of behaviour.

Economics as Moral Science

Bernard Hodgson
Economics as Moral Science Book PDF

Author : Bernard Hodgson
Publisher : Springer Science & Business Media
Page : 410 pages
File Size : 41,8 Mb
Release : 2001
Category : Business & Economics
ISBN : 3540410627

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Economics as Moral Science by Bernard Hodgson Pdf

Economics as Moral Science investigates the problem of the ethical neutrality of "mainstream" economic theory within the context of the methodology of economics as a science. Against the conventional wisdom, the author argues that there are serious moral presuppositions to the theory, but that economics could still count as a scientific or rational form of inquiry. The basic questions addressed - the ethical implications of economics, its status as a scientific mode of theory-construction, and the relation between these factors - are absolutely fundamental ones for an understanding of contemporary economics, the philosophy of the human sciences, and our current market culture. Moreover, the study provides a thorough philosophical analysis of the critical issues at stake from the inside, from the credible perspective of a particular, but foundational economic theory - the neoclassical theory of rational choice.

Economic Behaviour

Constantin Brătianu,Florina Pînzaru,Alexandra Zbuchea
Economic Behaviour Book PDF

Author : Constantin Brătianu,Florina Pînzaru,Alexandra Zbuchea
Publisher : Cambridge Scholars Publishing
Page : 265 pages
File Size : 44,7 Mb
Release : 2017-05-11
Category : Business & Economics
ISBN : 9781443891752

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Economic Behaviour by Constantin Brătianu,Florina Pînzaru,Alexandra Zbuchea Pdf

The current economy is more complex and surprising than ever before: global and local factors combine to shape a very diverse framework, where organizations and management practices are challenged. This book presents a selection of studies that deal with economic behavior, both at the macro and micro level. It presents some well-defined aspects and builds on a new understanding of decision-making and economic development based on ethics and knowledge. It also emphasizes the human factor in shaping business and economic strategies as part of the international competition and interdependencies.

The Moral Economy

Samuel Bowles
The Moral Economy Book PDF

Author : Samuel Bowles
Publisher : Yale University Press
Page : 200 pages
File Size : 52,6 Mb
Release : 2016-05-28
Category : Business & Economics
ISBN : 9780300221084

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The Moral Economy by Samuel Bowles Pdf

Should the idea of economic man—the amoral and self-interested Homo economicus—determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding “no.” Policies that follow from this paradigm, he shows, may “crowd out” ethical and generous motives and thus backfire. But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and rewards is that self-interest is expected, that the employer thinks the workforce is lazy, or that the citizen cannot otherwise be trusted to contribute to the public good. Using historical and recent case studies as well as behavioral experiments, Bowles shows how well-designed incentives can crowd in the civic motives on which good governance depends.

The Oxford Handbook of Ethics and Economics

Mark D. White
The Oxford Handbook of Ethics and Economics Book PDF

Author : Mark D. White
Publisher : Oxford University Press
Page : 592 pages
File Size : 53,9 Mb
Release : 2019-06-06
Category : Business & Economics
ISBN : 9780192512819

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The Oxford Handbook of Ethics and Economics by Mark D. White Pdf

Economics and ethics are both valuable tools for analyzing the behavior and actions of human beings and institutions. Adam Smith, the father of modern economics, considered them two sides of the same coin, but since economics was formalized and mathematicised in the late 1800s and early 1900s, the fields have largely followed separate paths. The Oxford Handbook of Ethics and Economics provides a timely and thorough survey of the various ways ethics can, does, and should inform economic theory and practice. The first part of the book, Foundations, explores how the most prominent schools of moral philosophy relate to economics; asks how morals relevant to economic behavior may have evolved; and explains how various approaches to economics incorporate ethics into their work. The second part, Applications, looks at the ethics of commerce, finance, and markets; uncovers the moral dilemmas involved with making decisions regarding social welfare, risk, and harm to others; and explores how ethics is relevant to major topics within economics, such as health care and the environment. With esteemed contributors from economics and philosophy, The Oxford Handbook of Ethics and Economics is a resource for scholars in both disciplines and those in related fields. It highlights the close relationship between ethics and economics in the past while and lays a foundation for further integration going forward.

Economic Systems, Markets and Politics

Christian A. Conrad
Economic Systems Markets and Politics Book PDF

Author : Christian A. Conrad
Publisher : Unknown
Page : 0 pages
File Size : 41,8 Mb
Release : 2022
Category : Electronic
ISBN : 303110367X

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Economic Systems, Markets and Politics by Christian A. Conrad Pdf

This textbook takes a new approach to economics by taking into account behavioral sciences and ethics. The basics of institutional economics are the starting point of the book, which are combined with insights from business ethics and behavioral science. It analyzes human behavior in order to discover incentives for economic agents to behave in a welfare-maximizing way, and analyzes the impact of human behavior and morality on economic systems, markets and politics. This textbook draws from new research results from behavioral economics, as well as from other disciplines, such as psychology and sociology, thus leading to new conclusions for economic science. The book sheds light on how people behave and how such behavior can be guided towards moral welfare for everyone. Furthermore, the reader is introduced to behavioral games, and to how these can be used to study economic behavior. Each chapter contains a summary on behavioral science findings as well as one on ethical findings. This book is a must read for advanced students in economics and political science but can also be of use to researchers of economics, as well as policymakers and business executives due to its focus on applications.

Economics and Ethics

A. Dutt,C. Wilber
Economics and Ethics Book PDF

Author : A. Dutt,C. Wilber
Publisher : Springer
Page : 283 pages
File Size : 55,6 Mb
Release : 2010-04-29
Category : Business & Economics
ISBN : 9780230277236

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Economics and Ethics by A. Dutt,C. Wilber Pdf

This book provides an introduction to the relationship between economics and ethics, explaining why ethics enters economics, how ethics affects individual economic behaviour and the interactions of individuals, and how ethics is important in evaluating the performance of economies and of economic policies.