David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 90 (1):123 - 136 (2009)
A number of business ethics theorist have highlighted the potential for economics to contribute to the advancement of business ethics. In response, this article emphasizes the insights of a particular area of economics that could provide such expansion and development. Subjectivist economics may yet provide an effective analytical framework through which to investigate and evaluate business decision making, and hence the ethics of business. Integrating the concepts of uncertainty, time and imagination, subjectivist economic theory contributes to a greater appreciation of economic choice and behaviour. While such notions are often effectively omitted from modern economic analysis to aid formal representation, business ethicists could utilize such concepts more effectively than their colleagues in economic theory. Significantly, the well-known economists who have championed the insights of subjectivist economics have themselves recommended its extension to an analysis of ethics.
|Keywords||economics ethics Knight Shackle subjectivist economics|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Frank Knight (1921). Risk, Uncertainty and Profit. University of Chicago Press.
Sigmund Wagner-Tsukamoto (2005). An Economic Approach to Business Ethics: Moral Agency of the Firm and the Enabling and Constraining Effects of Economic Institutions and Interactions in a Market Economy. [REVIEW] Journal of Business Ethics 60 (1):75 - 89.
Amartya Sen (1993). Does Business Ethics Make Economic Sense? Business Ethics Quarterly 3 (1):45-54.
Patricia H. Werhane (1998). Moral Imagination and the Search for Ethical Decision-Making in Management. The Ruffin Series of the Society for Business Ethics 1998:75-98.
Denis G. Arnold & Laura P. Hartman (2003). Moral Imagination and the Future of Sweatshops. Business and Society Review 108 (4):425-461.
Citations of this work BETA
Onyeka Osuji (2011). Fluidity of Regulation-CSR Nexus: The Multinational Corporate Corruption Example. [REVIEW] Journal of Business Ethics 103 (1):31-57.
Haina Zhang, Malcolm H. Cone, André M. Everett & Graham Elkin (2011). Aesthetic Leadership in Chinese Business: A Philosophical Perspective. [REVIEW] Journal of Business Ethics 101 (3):475-491.
Edmund F. Byrne (2014). Towards Enforceable Bans on Illicit Businesses: From Moral Relativism to Human Rights. Journal of Business Ethics 119 (1):119-130.
John M. Luiz & Callum Stewart (2014). Corruption, South African Multinational Enterprises and Institutions in Africa. Journal of Business Ethics 124 (3):383-398.
Michael Schwartz (2009). Gibbs and the Problems of Satisfaction and Well-Being. Business Ethics 18 (4):408-411.
Similar books and articles
Benedetta Giovanola (2009). Re-Thinking the Anthropological and Ethical Foundation of Economics and Business: Human Richness and Capabilities Enhancement. [REVIEW] Journal of Business Ethics 88 (3):431 - 444.
Mary M. McKinley (ed.) (2012). Ethics in Marketing and Communications: Towards a Global Perspective. Palgrave Macmillan.
George DeMartino (2010). The Economist's Oath: On the Need for and Content of Professional Economic Ethics. Oxford University Press.
David de Cremer & Ann E. Tenbrunsel (eds.) (2011). Behavioral Business Ethics: Shaping an Emerging Field. Routledge Academic.
B. J. Reilly & M. J. Kyj (1990). Economics and Ethics. Journal of Business Ethics 9 (9):691-698.
Praveen Kulshreshtha (2007). Economics, Ethics and Business Ethics: A Critique of Interrelationships. International Journal of Business Governance and Ethics 3 (1):33-41.
Added to index2009-02-11
Total downloads21 ( #179,905 of 1,907,150 )
Recent downloads (6 months)3 ( #276,350 of 1,907,150 )
How can I increase my downloads?