Ethics, Rationality, and Economic Behaviour

Ethics, Rationality, and Economic Behaviour PDF Author: Francesco Farina
Publisher: Oxford University Press
ISBN: 9780198289814
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
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

Ethics, Rationality, and Economic Behaviour

Ethics, Rationality, and Economic Behaviour PDF Author: Francesco Farina
Publisher: Oxford University Press
ISBN: 9780198289814
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
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

Microeconomics in Context

Microeconomics in Context PDF Author: Neva Goodwin
Publisher: Routledge
ISBN: 1317464788
Category : Business & Economics
Languages : en
Pages : 444

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Book Description
Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic realities. The "in Context" books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes. Key features include: --Clear explanation of basic concepts and analytical tools, with advanced models presented in optional chapter appendices; --Presentation of policy issues in historical, institutional, social, political, and ethical context--an approach that fosters critical evaluation of the standard microeconomic models, such as welfare analysis, labor markets, and market competition; --A powerful graphical presentation of various measures of well-being in the United States, from income inequality and educational attainment to home prices; --Broad definition of well-being using both traditional economic metrics and factors such as environmental quality, health, equity, and political inclusion; --New chapters on the economics of the environment, taxes and tax policy, common property and public goods, and welfare analysis; --Expanded coverage of high-interest topics such as behavioral economics, labor markets, and healthcare; --Full complement of instructor and student support materials online, including test banks and grading through Canvas.

Rational Behavior and Bargaining Equilibrium in Games and Social Situations

Rational Behavior and Bargaining Equilibrium in Games and Social Situations PDF Author: John C. Harsanyi
Publisher: CUP Archive
ISBN: 9780521311830
Category : Decision-making
Languages : en
Pages : 340

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Book Description
This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behaviour consisting of individual decision theory, ethics, and game theory as its main branches. Decision theory deals with a rational pursuit of individual utility; ethics with a rational pursuit of the common interests of society; and game theory with an interaction of two or more rational individuals, each pursuing his own interests in a rational manner.

Essays on Ethics, Social Behaviour, and Scientific Explanation

Essays on Ethics, Social Behaviour, and Scientific Explanation PDF Author: J.C. Harsanyi
Publisher: Springer Science & Business Media
ISBN: 940109327X
Category : Social Science
Languages : en
Pages : 268

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Book Description
When John Harsanyi came to Stanford University as a candidate for the Ph.D., I asked him why he was bothering, since it was most un likely that he had anything to learn from us. He was already a known scho lar; in addition to some papers in economics, the first two papers in this vol ume had already been published and had dazzled me by their originality and their combination of philosophical insight and technical competence. However, I am very glad I did not discourage him; whether he learned any thing worthwhile I don't know, but we all learned much from him on the foundations of the theory of games and specifically on the outcome of bar gaining. The central focus of Harsanyi's work has continued to be in the theory of games, but especially on the foundations and conceptual problems. The theory of games, properly understood, is a very broad approach to social interaction based on individually rational behavior, and it connects closely with fundamental methodological and substantive issues in social science and in ethics. An indication of the range of Harsanyi's interest in game the ory can be found in the first paper of Part B -though in fact his owncontri butions are much broader-and in the second paper the applications to the methodology of social science. The remaining papers in that section show more specifically the richness of game theory in specific applications.

On Ethics and Economics

On Ethics and Economics PDF Author: Amartya Sen
Publisher: Wiley-Blackwell
ISBN: 9780631164012
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
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.

Economic Analysis and Moral Philosophy

Economic Analysis and Moral Philosophy PDF Author: Daniel M. Hausman
Publisher: Cambridge University Press
ISBN: 9780521558501
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
Discusses how standard economics may be improved by an understanding of moral philosophy.

Economic Analysis, Moral Philosophy, and Public Policy

Economic Analysis, Moral Philosophy, and Public Policy PDF Author: Daniel Hausman
Publisher: Cambridge University Press
ISBN: 1107158311
Category : Business & Economics
Languages : en
Pages : 419

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Book Description
This book shows how careful attention to moral reasoning can enrich economic understanding and clarify the importance and the limits of an economic analysis of policy problems.

Misbehaving: The Making of Behavioral Economics

Misbehaving: The Making of Behavioral Economics PDF Author: Richard H. Thaler
Publisher: W. W. Norton & Company
ISBN: 0393246779
Category : Business & Economics
Languages : en
Pages : 522

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Book Description
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

Predictably Irrational

Predictably Irrational PDF Author: Dan Ariely
Publisher: Harper Collins
ISBN: 006135323X
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
Intelligent, lively, humorous, and thoroughly engaging, "The Predictably Irrational" explains why people often make bad decisions and what can be done about it.

Finance Ethics

Finance Ethics PDF Author: John R. Boatright
Publisher: John Wiley & Sons
ISBN: 0470768118
Category : Business & Economics
Languages : en
Pages : 851

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Book Description
A groundbreaking exploration of the critical ethical issues in financial theory and practice Compiled by volume editor John Boatright, Finance Ethics consists of contributions from scholars from many different finance disciplines. It covers key issues in financial markets, financial services, financial management, and finance theory, and includes chapters on market regulation, due diligence, reputational risk, insider trading, derivative contracts, hedge funds, mutual and pension funds, insurance, socially responsible investing, microfinance, earnings management, risk management, bankruptcy, executive compensation, hostile takeovers, and boards of directors. Special attention is given to fairness in markets and the delivery of financial services, and to the duties of fiduciaries and agents Rigorous analysis of the topics covered provides essential information and practical guidance for practitioners in finance as well as for students and academics with an interest in finance ethics Ethics in Finance skillfully explains the need for ethics in the personal conduct of finance professionals and the operation of financial markets and institutions.