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Wealth, Groups, Ethics

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Author Info
Katalin Martinás () (Department of Atomic Physics, Eötvös Loránd University – Budapest, Hungary)
András Margitay-Becht (Department of Economics, Budapest University of Technology and Economics)
Dana R. Herrera (Department of Anthropology, St. Mary’s College of California)
Abstract

For centuries, many scientists, many disciplines focused on how people make decisions. These approaches tend to be incompatible, if not orthogonal most case. In this article we attempt to give guidelines to a modeling approach, that will allow the description of a human "state vector", which can be the basis for many decision making algorithms. First we will introduce a categorization of the things that determine the decisions of the individuals, and describe their characteristics and trade. Since the trade of things in separate groups is done in different fashion, they form groups on different grounds. These groups, formed by interaction among individuals, adhere to governing ethics - which serve the purpose of defining the rules of exchange where these have not been explicitly stated. And finally, we take a look how the two dominant ethics, the Commercial and the Guardian dominate the Teacher.

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File URL: http://indecs.eu/2008/indecs2008-pp1-9.html
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Publisher Info
Article provided by Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu in its journal Interdisciplinary Description of Complex Systems.

Volume (Year): 6 (2008)
Issue (Month): 1 ()
Pages: 1-9
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:zna:indecs:v:6:y:2008:i:1:p:1-9

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Related research
Keywords: ethics; commercial ethics; guardian ethics; state vector;

Find related papers by JEL classification:
P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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This page was last updated on 2009-11-22.


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