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of this research to address the ethics of using artificial intelligence in the accounting firms by looking at the novel … understand the phenomenon. However, they all believe that the ethics of artificial intelligence is vital and that the involvement …
Persistent link: https://www.econbiz.de/10014330818
Dewatripont and Tirole (2024) defend the morality of markets on the ground of an irrelevance result: the social production of moral actions is independent from competitive pressure on markets. No matter how strong competitive pressure is, markets perform well in diffusing signals about moral...
Persistent link: https://www.econbiz.de/10014556837
This article provides resolutions to a number of conundrums that have vexed policy-makers and scholars for some decades. The most significant conclusion is that efficiency and fairness concerns do not conflict but rather mutually support each other in the goal of maximizing social welfare. This...
Persistent link: https://www.econbiz.de/10014203907
with Islamic ethics. Specifically, some of the practices found to be inconsistent with the ethics. This paper analyzes the … ethical issues in the practices of Islamic banking. We present the basic understanding of the concept of ethics in financial …
Persistent link: https://www.econbiz.de/10013138489
This paper develops a theory of optimal ethical standards, capital requirements and talent allocation in banking wherein two types of banks, one being protected by regulatory safety nets ("depositories") and the other not so protected ("shadow banks"), innovate financial products and compete for...
Persistent link: https://www.econbiz.de/10012891144
Company law in the US and UK fails to acknowledge that authorities' propensity to rescue giant banks from the consequences of insolvency creates an implicit contract that assigns taxpayers a coerced and badly structured equity stake in too-big-to-fail institutions. The entrenched managerial norm...
Persistent link: https://www.econbiz.de/10012969073
, business and personal ethics, economic, mortgage lending, regulatory and policy making literature in several ways. First, it … fraud and facilitating payments of some sort constitute a lapse in personal ethics that contributes to the crisis. Next is a …
Persistent link: https://www.econbiz.de/10012972692
The role of ethics in finance is an issue that has begun to take on greater importance. Investors are showing great …
Persistent link: https://www.econbiz.de/10012994489
hypocritical behavior and if this judgment also translates into punishment. Results show that observers do, indeed, condemn … punishment. Punishment seems to be driven more by the violation of the norm of fair distribution than by moral pretense. From the … viewpoint of positive retributivism, it is problematic if neither formal nor informal punishment follows moral condemnation. …
Persistent link: https://www.econbiz.de/10012503837
There is a growing interest in morale as a potential substitute for sanctions, encouraged by exerimental evidence that people's morale affect their economic decisions. I show that while morale may be a substitute for sanctions for each citizen, it is not a substitute in the market. In a model...
Persistent link: https://www.econbiz.de/10010242091