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Behavioural Economics and Business Ethics
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.
Experimental Studies on Partnership Dissolution, R&D Investment, and Gift Giving
In recent years, traditional economic theory has been enriched by behavioral components. There is huge and rapidly growing evidence from empirical and experimental studies that mere profit maximization is in many cases not a good proxy of real-life decision-making and interaction in economic situations. Yet, although the concept of homo oeconomicus has subsequently been dismissed by many authors, behavior is not random or arbitrary, but follows systematic patterns and rules that researchers in the field of behavioral economics aim at understanding. This thesis adds to the understanding of actual economic decision-making by analyzing behavior in three different economic applications. The firs...
Spies, Lies, and Algorithms
A riveting account of espionage for the digital age, from one of America’s leading intelligence experts Spying has never been more ubiquitous—or less understood. The world is drowning in spy movies, TV shows, and novels, but universities offer more courses on rock and roll than on the CIA and there are more congressional experts on powdered milk than espionage. This crisis in intelligence education is distorting public opinion, fueling conspiracy theories, and hurting intelligence policy. In Spies, Lies, and Algorithms, Amy Zegart separates fact from fiction as she offers an engaging and enlightening account of the past, present, and future of American espionage as it faces a revolution ...
Social Neuroeconomics
Neuroeconomics has emerged as a paradigmatic field where neuroscience and the social sciences are integrated in one analytical and empirical approach. However, the different disciplines involved often only relate to each other via the shared object of research, and less through the constructing of precise models of integrative mechanisms. Social Neuroeconomics explores the potential of philosophical and methodological reflections in the neurosciences and the social sciences to inform those efforts at cross-disciplinary integration, with a special focus on recent contributions to mechanistic explanations. The collected essays are drawn from the fields of neuroscience, psychology, economics, s...
Religious Ethics in the Market Economy
This book aims to go beyond merely confrontational or complementary treatments of the relationship between market participation and business ethics. Reviewing the attitudes towards the market embedded in religious ethics and scholars, it explores the symbiotic relationship between the economy, ethics and morals. Moving the discussion beyond a static and traditional economy envisaged by scripture, it explores the impact of an evolving and globalised economy based on the value systems of moral philosophy and religious ethics. The Author aims to expand the conventional view of business ethics, encouraging readers to interpret markets and morality as intertwined concepts, and use them to inform further research.
Trusting Nudges
Many "nudges" aim to make life simpler, safer, or easier for people to navigate, but what do members of the public really think about these policies? Drawing on surveys from numerous nations around the world, Sunstein and Reisch explore whether citizens approve of nudge policies. Their most important finding is simple and striking. In diverse countries, both democratic and nondemocratic, strong majorities approve of nudges designed to promote health, safety, and environmental protection—and their approval cuts across political divisions. In recent years, many governments have implemented behaviorally informed policies, focusing on nudges—understood as interventions that preserve freedom ...
Eating the Present, Tasting the Future
India's food is one of her most remarkable features: its countless tastes and styles reflect the nation's history, enduring traditions, and diversity of people and place. But it is changing at a rapid rate beyond anyone's imagination. Eating the Present, Tasting the Future ventures 'off the plate' to journey through India's contemporary foodscape to discover the myriad forces transforming what, how and where Indians are producing, trading and eating their food. At a time when food and our relationship with it are topics of increasing global interest, this is a timely, and important, work, offering unique insight into a complex society.
Behavioural Approaches to Corporate Governance
Corporate governance failures are all too frequent and their patterns and outcomes seem avoidably familiar. This book examines the findings of behavioural finance and economics that are most relevant to governance problems, and suggests potential solutions that are best suited to real-world practice and circumstance. There is a great deal of existing theory that claims to predict the causes and effects of poor governance, and provide solutions. However, the implementation of such measures seems to do little more than merely delay inevitable crises. This book develops a synthesis framework to examine the relative strengths and weaknesses of a behavioural versus deductive approach to understanding the failures of governance. It concludes with a discussion of how corporate governance theory may need to shift going forward, perhaps to include a ‘heterodox’ ecosystem of theoretical paradigms. This book will be of interest to students, researchers and practitioners concerned with corporate governance, economic theory and behavioural economics.
Bounded Rationality and Behavioural Economics
Economics Nobel Laureate Herbert Simon developed the concept of bounded rationality in the 1950s. This asserts that the cognitive abilities of human decision-makers are not always sufficient to find optimal solutions to complex real-life problems, leading decision-makers to find satisfactory, sub-optimal outcomes. This was a foundational component of the development of Behavioural Economics but in recent years the two fields have diverged, each with its own literature, its own approach and its own proponents. Behavioural Economics explores the areas of commonality between Economics and Psychology, in terms of its focus and its approach, whereas the bounded rationality literature largely anal...
Unleashing Web 2.0
The emergence of Web 2.0 is provoking challenging questions for developers: What products and services can our company provide to customers and employees using Rich Internet Applications, mash-ups, Web feeds or Ajax? Which business models are appropriate and how do we implement them? What are best practices and how do we apply them? If you need answers to these and related questions, you need Unleashing Web 2.0—a comprehensive and reliable resource that guides you into the emerging and unstructured landscape that is Web 2.0. Gottfried Vossen is a professor of Information Systems and Computer Science at the University of Muenster in Germany. He is the European Editor-in-Chief of Elsevier's Information Systems—An International Journal. Stephan Hagemann is a PhD. Student in Gottfried's research group focused on Web technologies. - Presents a complete view of Web 2.0 including services and technologies - Discusses potential new products and services and the technology and programming ability needed to realize them - Offers 'how to' basics presenting development frameworks and best practices - Compares and contrasts Web 2.0 with the Semantic Web
