Markets and Morals: Ethical Issues in Economics (History of Science, Philosophy and Culture in Indian Civilization, Vol. XIV, Part 3)

Markets and Morals: Ethical Issues in Economics (History of Science, Philosophy and Culture in Indian Civilization, Vol. XIV, Part 3) (Hardcover)

By Ashok S Guha Ed , D P Chattopadhyaya Gen Ed 
Publisher: Munshiram Manoharlal Publishers Pvt Ltd
Edition: Hardcover
Edition Number: 1
Language: English
ISBN: 8187586516
EAN: 9788187586517
No. of Pages: 288
Publish Date: 2011-1-1
Binding: Hardcover
Ships to India.

Description

About the Book :

Some of the issues that the various contributors to this volume discuss are (1) what constitutes a just allocation of economic resources, (2) what is meant by fairness in exchange, (3) what mechanisms exist, or can be designed, to ensure fairness at the micro- or justice at the macro-level. Part of the book is devoted to a related, but not identical, issue. Empirical evidence strongly suggests the presence in most populations of a degree of honesty and a sense of fairness well beyond what would be expected in a world of narrowly selfish maximizers. Homo economicus, it seems, does not rule in most societies. But how do values like intrinsic honesty survive the competitive environment of the market, an institution based, as Adam Smith famously declared, not on the benevolence of the participants but not their self-interest?
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Specification

Title: Markets and Morals: Ethical Issues in Economics (History of Science, Philosophy and Culture in Indian Civilization, Vol. XIV, Part 3)
Publisher: Munshiram Manoharlal Publishers Pvt Ltd
Author: Ashok S Guha Ed , D P Chattopadhyaya Gen Ed
Edition: Hardcover
Edition Number: 1
Language: English
ISBN: 8187586516
EAN: 9788187586517
No. of Pages: 288
Publish Date: 2011-1-1
Binding: Hardcover

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