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by Adam Smith in the Theory of moral sentiments and connect these with the themes Smith subsequently discusses in the …
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Adam Smith produces his clearest argument for the attainment of virtue in commercial society in his Theory of Moral …
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We examine the realism of the assumption of self-interested opportunism in agency theory. We place subjects into … their budget but do not shirk more. Fairness concerns reduce both forms of opportunism but ethics concerns reduce shirking … increases shirking with all variables in the model. We discuss the implications of these results for theory and practice …
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I distinguish four types of goals: self-interested, altruistic, moralistic, and moral. Moralistic goals are those that people attempt to impose on others, regardless of the others' true interests. These may become prominent in political behavior such as voting because such behavior has...
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This paper demonstrates that economic efficiency is enhanced when market participants adhere to certain ethical constraints. These ethical constraints are implicit in the neoclassical economics models, but are rarely emphasized by the economics discipline in standard texts. Avoidance of this...
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