Eisenhauer, Joseph G. - In: International Journal of Social Economics 33 (2006) August, pp. 534-546
Purpose – The purpose of this paper is threefold: conceptually, to demonstrate that ethical behavior is rational …/methodology/approach – An analogy to risk aversion demonstrates the rationality of ethical behavior. An expected utility model of tax evasion is …-interest, this paper highlights the importance of ethical preferences in modeling and measuring economic behavior. Researchers can …