Behavioural Economics And Business Ethics

Author : Philip Alexander Rajko
Publisher : Routledge
ISBN 13 : 1136627936
Total Pages : 311 pages
Book Rating : 4.34/5 ( download)

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Download or read book Behavioural Economics and Business Ethics written by Philip Alexander Rajko and published by Routledge. This book was released on 2013-03-01 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Alexander Rajko
Publisher : Routledge Advances in Behaviou
ISBN 13 : 9780415682640
Total Pages : 213 pages
Book Rating : 4.49/5 ( download)

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Download or read book Behavioural Economics and Business Ethics written by Alexander Rajko and published by Routledge Advances in Behaviou. This book was released on 2011 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims to advance economic and business ethics by combining normative principles and empirical evidence grounded on the key motivational forces in economic decision-making.

Author : Christian A. Conrad
Publisher : Springer Nature
ISBN 13 : 3031103661
Total Pages : 443 pages
Book Rating : 4.67/5 ( download)

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Download or read book Economic Systems, Markets and Politics written by Christian A. Conrad and published by Springer Nature. This book was released on 2023-01-04 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Christian A. Conrad
Publisher : Springer Nature
ISBN 13 : 3030988430
Total Pages : 470 pages
Book Rating : 4.32/5 ( download)

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Download or read book Business Ethics - A Philosophical and Behavioral Approach written by Christian A. Conrad and published by Springer Nature. This book was released on 2022-06-13 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this textbook we examine the extent to which moral values play a role as productive forces for companies and the economy as a whole, and explores the effect of ethical and unethical behavior at both levels. We show how ethics improves productivity, and provide specific ethics tools for practical application for both students and managers. Stemming from an overall interdisciplinary approach, this textbook fills a gap in the literature on ethics in business. Following a textbook structure, we first derive knowledge from scientific studies that are relevant for students, and then summarize the results. We explain ethical assessment approaches, and then provide an ethical assessment of economic behavior using case studies. Roleplaying and games are used to explain the behavior of people in relation to ethics. The 2nd edition has been completely revised and expanded to include new findings from the behavioral sciences (psychology, social psychology, sociology and behavioral economics). In particular, the research on emotions, motivation and group behavior have given rise to many new impulses in business ethics. In addition, new case studies and new chapters were included, like Politics and Morality, Theories of Justice, Global Ethics, and Institutions as Solutions to Specific Game Situations (game theory). This book is important for students and researchers as well as policymakers and business executives due to its focus on applications.

Author : Vangelis Chiotis
Publisher : Routledge
ISBN 13 : 135116886X
Total Pages : 144 pages
Book Rating : 4.61/5 ( download)

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Download or read book The Morality of Economic Behaviour written by Vangelis Chiotis and published by Routledge. This book was released on 2020-05-25 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : David De Cremer
Publisher : Routledge
ISBN 13 : 1136636196
Total Pages : 292 pages
Book Rating : 4.96/5 ( download)

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Download or read book Behavioral Business Ethics written by David De Cremer and published by Routledge. This book was released on 2012-03-12 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a look at how and why individuals display unethical behavior. It emphasizes the actual behavior of individuals rather than the specific business practices. It draws from work on psychology which is the scientific study of human behavior and thought processes. As Max Bazerman said, "efforts to improve ethical decision making are better aimed at understanding our psychological tendencies."

Author : Jennifer S. Blumenthal-Barby
Publisher : MIT Press
ISBN 13 : 026254248X
Total Pages : 265 pages
Book Rating : 4.87/5 ( download)

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Download or read book Good Ethics and Bad Choices written by Jennifer S. Blumenthal-Barby and published by MIT Press. This book was released on 2021-08-03 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of how findings in behavioral economics challenge fundamental assumptions of medical ethics, integrating the latest research in both fields. Bioethicists have long argued for rational persuasion to help patients with medical decisions. But the findings of behavioral economics—popularized in Thaler and Sunstein’s Nudge and other books—show that arguments depending on rational thinking are unlikely to be successful and even that the idea of purely rational persuasion may be a fiction. In Good Ethics and Bad Choices, Jennifer Blumenthal-Barby examines how behavioral economics challenges some of the most fundamental tenets of medical ethics. She not only integrates the latest research from both fields but also provides examples of how physicians apply concepts of behavioral economics in practice. Blumenthal-Barby analyzes ethical issues raised by “nudging” patient decision making and argues that the practice can improve patient decisions, prevent harm, and perhaps enhance autonomy. She then offers a more detailed ethical analysis of further questions that arise, including whether nudging amounts to manipulation, to what extent and at what point these techniques should be used, when and how their use would be wrong, and whether transparency about their use is required. She provides a snapshot of nudging “in the weeds,” reporting on practices she observed in clinical settings including psychiatry, pediatric critical care, and oncology. Warning that there is no “single, simple account of the ethics of nudging,” Blumenthal-Barby offers a qualified defense, arguing that a nudge can be justified in part by the extent to which it makes patients better off.

Author : Richard H. Thaler
Publisher : W. W. Norton & Company
ISBN 13 : 0393246779
Total Pages : 502 pages
Book Rating : 4.73/5 ( download)

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Download or read book Misbehaving: The Making of Behavioral Economics written by Richard H. Thaler and published by W. W. Norton & Company. This book was released on 2015-05-11 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Nobel Prize in Economics Get ready to change the way you think about economics. Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber. Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining. Shortlisted for the Financial Times & McKinsey Business Book of the Year Award

Author : Morris Altman
Publisher : Edward Elgar Publishing
ISBN 13 : 1782549455
Total Pages : 285 pages
Book Rating : 4.51/5 ( download)

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Download or read book Why Ethical Behaviour is Good for the Economy written by Morris Altman and published by Edward Elgar Publishing. This book was released on 2020-05-29 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book offers a nuanced critique of the nudge narrative, and demonstrates why and how ethical behaviour can have significant positive economic and wellbeing outcomes. Morris Altman models a complex alternative to the expectations of ethical behaviour and shows how this behaviour can be consistent with competitive market economies, contrary to what conventional economic theory suggests.

Author : Philip Alexander Rajko
Publisher : Routledge
ISBN 13 : 1136627944
Total Pages : 223 pages
Book Rating : 4.41/5 ( download)

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Download or read book Behavioural Economics and Business Ethics written by Philip Alexander Rajko and published by Routledge. This book was released on 2013-03-01 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.