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Ethical Management – Competitive Advantage Relationship

Urban, Violeta; Puiu, Tatiana - Volkswirtschaftliche Fakultät, … - 2009

The paper aims at emphasizing the importance of business ethics in long term competitive advantage. Ethics is the basis … understand the importance of ethics as it is the basis of a civilized nation. Business ethics is concerned with the study of … profitable, and the relationship between ethics and competitiveness is evident. The future successful firm is a socializing one …

Persistent link: https://www.econbiz.de/10011259072

A Meta-theoretical Assessment of the Decline of Scholastic Economics

Drakopoulos, Stavros A.; Gotsis, George - Volkswirtschaftliche Fakultät, … - 2003

The aim of this paper is to offer certain insights into the process of declining of scholastic economics in late medieval and early modern European intellectual circles. In this attempt, the paper adopts the metatheoretical framework of Laudan’s philosophy of science and introduces the concept...

Persistent link: https://www.econbiz.de/10005835654

A first introduction to S-Transitional Lotteries

Strati, Francesco - Volkswirtschaftliche Fakultät, … - 2012

In this paper I shall introduce a new method by which it is possible to study the dynamical decision maker's behaviour. It can be tought of as an application of the S -Linear Algebra of Professor David Carfì, thus this theory it is assumed to be known. I shall focus on the Feynman's propagator...

Persistent link: https://www.econbiz.de/10011258597

The rhetoric of economics

Estrada, Fernando - Volkswirtschaftliche Fakultät, … - 2010

This article offers an approach to the general structure of the rhetoric in economy. In our case we adopted a perspective to study a particular aspect of the rhetoric that comes from the context of a particular controversy: the controversy on the advantages of the free commerce between Daly and...

Persistent link: https://www.econbiz.de/10009372536

Solving Daniel Bernoulli's St Petersburg Paradox: The Paradox which is not and never was

Vivian, Robert William - Volkswirtschaftliche Fakultät, … - 2003

It has been accepted for over 270 years that the expected monetary value (EMV)of the St Petersburg game is infinite. Accepting this leads to a paradox; no reasonable person is prepared to pay the predicted large sum to play the game but will only pay, comparatively speaking, a very moderate...

Persistent link: https://www.econbiz.de/10005790291

Herbert Simon y la economía organizacional

Estrada, Fernando - Volkswirtschaftliche Fakultät, … - 2006

This article evaluates Herbert A. Simon’s contribution to organization theory, placing special emphasis on the criterion of bounded rationality. Simon’s criticism of the orthodox version of organizational bureaucracy is interpreted and his analysis is extended to institutional economics. One...

Persistent link: https://www.econbiz.de/10008561135

Economics and Rationality of organizations: an approach to the work of Herbert A. Simon

Estrada, Fernando - Volkswirtschaftliche Fakultät, … - 2010

One of the main achievements of Herbert A. Simon in organizational theory is analytically evaluating the psychology of individual and collective behavior thus opening the ground for further research D. Kahneman, and T. Schelling. This article provides an assessment of the contributions of...

Persistent link: https://www.econbiz.de/10008543791

On Non-binary Personal Preferences in Society, Economic Theory and Racial Discrimination

Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2010

This paper examines some of the consequences for economic theory of the replacement of binary personal preferences by non-binary personal preferences in an Arrow-Debreu society as in Debreu (1959), and reaches the conclusion that there is both much damage to existing theory and greater...

Persistent link: https://www.econbiz.de/10008529321

Language and argumentation in the controversy economic

Estrada, Fernando - Volkswirtschaftliche Fakultät, … - 2010

This article offers an approach to the general structure of the controversy in economy. In our case we adopted a perspective to study a particular aspect of the rhetoric that comes from the context of a particular controversy: the controversy on the advantages of the free commerce between Daly...

Persistent link: https://www.econbiz.de/10008533260

Asymmetries in information processing in a decision theory framework

Santos-Pinto, Luís - Volkswirtschaftliche Fakultät, … - 2003

Research in psychology suggests that some individuals are more sensitive to positive than to negative information while others are more sensitive to negative rather than positive information. I take these cognitive positive-negative asymmetries in information processing to a Bayesian...

Persistent link: https://www.econbiz.de/10005619640