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Ethics is a field in which the gap between words and actions looms large. Game theory and the empirical methods it … comprises several illustrations of the fruitful application of this approach to ethics. …
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While neo-classical analysis works well for studying impersonal exchange in markets, it fails to explain why people conduct themselves the way they do in their personal relationships with family, neighbors, and friends. In Humanomics, Nobel Prize-winning economist Vernon L. Smith and his...
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This paper elaborates on the relationship between behavioral economics and order eth-ics. In eight steps it develops … societal leadership. From the perspective of order ethics, the paper recom-mends to focus behavioral economics more on the …
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