6 found
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  1.  37
    Processes and Consequences in Business Ethicaldilemmas: The Oil Industry and Climate Change. [REVIEW]Marc Le Menestrel & Henri-Claude de Bettignies - 2002 - Journal of Business Ethics 41 (3):251-266.
    We present a model of rational behavior by which we characterize business ethical dilemmas as trade-offs between processes and consequences. As an illustration, we formulate the oil industry's business ethical dilemma as a trade-off between a socially detrimental process (emitting greenhouse gases, hence inducing a risk of climate change) and a self-interested consequence (profits). The proposed framework allows us to specify two types of strategies, differing by whether priority is given to the consequences or to the processes. We analyze and (...)
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  2.  17
    Internet E-Ethics in Confrontation with an Activists' Agenda: Yahoo! On Trial. [REVIEW]Marc Le Menestrel, Mark Hunter & Henri-Claude de Bettignies - 2002 - Journal of Business Ethics 39 (1-2):135-144.
    A prolonged confrontation between Yahoo! Inc. and French activists who demand the removal of Nazi items from auction sites as well as restricted access to neo-Nazis sites is described and analyzed. We present the case up to the decision of Yahoo! Inc. to remove the items from yahoo.com following a French court's verdict against the firm. Using a business ethics approach, we distinguish legal, technical, philosophical and managerial issues involved in the case and their management by Yahoo! We conclude on (...)
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  3.  25
    Enriching Intergenerational Decision-Making with Guided Visualization Exercises.Jordi Honey-Rosés, Marc Le Menestrel, Daniel Arenas, Felix Rauschmayer & Julian Rode - 2014 - Journal of Business Ethics 122 (4):1-6.
    Seriously engaging with the needs, hardships, and aspirations of future generations is an emotional experience as much as an intellectual endeavor. In this essay we describe a guided visualization exercise used to overcome the emotional barriers that often prevent us from dealing effectively with intergenerational decisions. The meditation and dreaming technique was applied to a diverse group of researchers who engaged in a visualized encounter with future generations. Following the exercise, we concluded that a serious analysis of intergenerational conflict requires (...)
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  4.  23
    Economic Rationality and Ethical Behaviour: Ethical Business Between Venality and Sacrifice.Marc Le Menestrel - 2002 - Business Ethics 11 (2):157–166.
    This paper argues that economic rationality and ethical behavior cannot be reduced one to the other, thus casting doubt on the validity of assertions such as ‘profit is ethical’ or ‘ethics pays’. In order to express ethical dilemmas in a way which opposes economic interest with ethical concerns, we propose a model of rational behavior that combines these two irreducible dimensions in an open but not arbitrary manner. Behaviors that are neither ethical nor profitable are considered irrational . However, behaviors (...)
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  5.  75
    The Domain and Interpretation of Utility Functions: An Exploration.Marc le Menestrel & Luk van Wassenhove - 2001 - Theory and Decision 51 (2/4):329-349.
    This paper proposes an exploration of the methodology of utility functions that distinguishes interpretation from representation. While representation univocally assigns numbers to the entities of the domain of utility functions, interpretation relates these entities with empirically observable objects of choice. This allows us to make explicit the standard interpretation of utility functions which assumes that two objects have the same utility if and only if the individual is indifferent among them. We explore the underlying assumptions of such an hypothesis and (...)
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  6.  98
    A Process Approach to the Utility for Gambling.Marc Le Menestrel - 2001 - Theory and Decision 50 (3):249-262.
    This paper argues that any specific utility or disutility for gambling must be excluded from expected utility because such a theory is consequential while a pleasure or displeasure for gambling is a matter of process, not of consequences. A utility for gambling is modeled as a process utility which monotonically combines with expected utility restricted to consequences. This allows for a process utility for gambling to be revealed. As an illustration, the model shows how empirical observations in the Allais paradox (...)
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