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Formalization of ethics : the issue of standardization

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Author Info
Juliette Arnal () (LESSOR - Université Rennes II et MATISSE)
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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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
Date of revision:
Handle: RePEc:mse:wpsorb:r05074

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

Find related papers by JEL classification:
L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
L59 - Industrial Organization - - Regulation and Industrial Policy - - - Other
M14 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Corporate Culture; Social Responsibility
P12 - Economic Systems - - Capitalist Systems - - - Capitalist Enterprises

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  1. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 101-121. [Downloadable!] (restricted)
    Other versions:
  2. Gary S. Becker, 1974. "A Theory of Social Interactions," NBER Working Papers 0042, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. George Baker & Robert Gibbons & Kevin J. Murphy, 2001. "Bringing the Market inside the Firm?," American Economic Review, American Economic Association, vol. 91(2), pages 212-218, May. [Downloadable!] (restricted)
  4. Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, vol. 84(3), pages 488-500, August. [Downloadable!] (restricted)
  5. 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. [Downloadable!] (restricted)
  6. Besen, Stanley M & Farrell, Joseph, 1994. "Choosing How to Compete: Strategies and Tactics in Standardization," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 117-31, Spring. [Downloadable!] (restricted)
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