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- catalog abstract ""The theory of ethical economy analyses the ethical presuppositions of the market economy. It demonstrates that ethics is the precoordination in the motives of the economic agents anteceding the coordination of the price system in the market process. Ethical economy develops a positive theory of economic, ethical and religious coordination of self-interested action described as a super-assurance game of prisoners' dilemma situations. It conceptualises ethics as the corrective of market failure and religion as the corrective of ethics failure. The formal ethics of coordination is then complemented by a theory of the material-substantive ethics of value qualities. One principle of ethical economy is the classical principle of double effect that is used for a theory of managerial and general decision-making. Unintended side-effects (externalities) are a central problem of decisions of large impact. Management decision making must exploit the potential for positive side-effects and control the negative side-effects of managerial decisions. The theory of ethical economy analyses the principles of just price and fair pricing and the relevance of the theory of just price for the pricing behaviour of the modern firm." "The Prinicples of Ethical Economy form a theoretical synthesis of the market theory of modern economics and of the natural right tradition of ethics. It creates new insights into the ethics of the market as well as in the economic presuppositions and consequences of ethical duties, virtues and goods."--Jacket.".
- catalog contributor b11981842.
- catalog created "c2001.".
- catalog date "2001".
- catalog date "c2001.".
- catalog dateCopyrighted "c2001.".
- catalog description ""The Prinicples of Ethical Economy form a theoretical synthesis of the market theory of modern economics and of the natural right tradition of ethics. It creates new insights into the ethics of the market as well as in the economic presuppositions and consequences of ethical duties, virtues and goods."--Jacket.".
- catalog description ""The theory of ethical economy analyses the ethical presuppositions of the market economy. It demonstrates that ethics is the precoordination in the motives of the economic agents anteceding the coordination of the price system in the market process. Ethical economy develops a positive theory of economic, ethical and religious coordination of self-interested action described as a super-assurance game of prisoners' dilemma situations. It conceptualises ethics as the corrective of market failure and religion as the corrective of ethics failure. The formal ethics of coordination is then complemented by a theory of the material-substantive ethics of value qualities.".
- catalog description "Includes bibliographical references (p. 247-265) and indexes.".
- catalog description "One principle of ethical economy is the classical principle of double effect that is used for a theory of managerial and general decision-making. Unintended side-effects (externalities) are a central problem of decisions of large impact. Management decision making must exploit the potential for positive side-effects and control the negative side-effects of managerial decisions. The theory of ethical economy analyses the principles of just price and fair pricing and the relevance of the theory of just price for the pricing behaviour of the modern firm."".
- catalog extent "x, 281 p. :".
- catalog identifier "0792367138 (alk. paper)".
- catalog isPartOf "Issues in business ethics ; v. 17".
- catalog issued "2001".
- catalog issued "c2001.".
- catalog language "eng ger".
- catalog language "eng".
- catalog publisher "Dordrecht ; Boston : Kluwer Academic,".
- catalog subject "330 21".
- catalog subject "Economics Moral and ethical aspects.".
- catalog subject "HB72 .K625 2001".
- catalog title "Principles of ethical economy / by Peter Koslowski.".
- catalog type "text".