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Formalization of ethics : the issue of standardization

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    Abstract

    Beyond the presupposed cleavage between economics and ethics, the institutional dimension of economic ethics is to the emphasized. The question is : how can we define collective legal rules which concern the whole society ? The other great issue of ethics formalization is then the implementation on the level of firms. The firm can use a large scope of instruments in order to formalize economic ethics. The asset of ethical standards is that they represent a specific way of coordination. They bring positive effects such as the fall of coordination cost and the reduction of uncertainty. Ethical standards can be regarded as a way to get information. They are also a way to formalize a " common morality ", or even an universal morality in a Kantian conception. The central issue, regarding ethical standards, remains its origin and its construction.

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    File URL: ftp://mse.univ-paris1.fr/pub/mse/cahiers2005/R05074.pdf
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    Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number r05074.

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    Length: 23 pages
    Date of creation: Nov 2005
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    Handle: RePEc:mse:wpsorb:r05074

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    Keywords: Economic ethics; ethical standards; industrial economics; industrial policy.;

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    1. Gary S. Becker, 1974. "A Theory of Social Interactions," NBER Working Papers 0042, National Bureau of Economic Research, Inc.
    2. Jacquemin, Alexis & Slade, Margaret E., 1989. "Cartels, collusion, and horizontal merger," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 7, pages 415-473 Elsevier.
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    5. Brennan,Geoffrey & Buchanan,James M., 2008. "The Reason of Rules," Cambridge Books, Cambridge University Press, number 9780521070904, April.
    6. Olivier Favereau, 1989. "Marchés internes, marchés externes," Revue Économique, Programme National Persée, vol. 40(2), pages 273-328.
    7. Agnès Grenard, 1996. "Normalisation, certification : quelques éléments de définition," Revue d'Économie Industrielle, Programme National Persée, vol. 75(1), pages 45-60.
    8. Stanley M. Besen & Joseph Farrell, 1994. "Choosing How to Compete: Strategies and Tactics in Standardization," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 117-131, Spring.
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