This paper studies how individual characteristics, institutions, and their interaction influence moral decisions. We validate a moral paradigm focusing on the willingness to accept harming third parties. Consequences of moral decisions are real. We explore how moral behavior varies with...

"International Investment Management: Theory, Practice, and Ethics synthesizes investment principles, Asian financial practice, and ethics in a book that reflects the realities of modern international finance and will work perfectly as a core text for undergraduate finance majors and graduate...

Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from...