What price the moral high ground? : ethical dilemmas in competitive environments / Robert H. Frank.

Format:

Book

Author/Creator:

Frank, Robert H.

Language:

English

Subjects (All):

Business ethics.

Success in business.

Cooperativeness--Moral and ethical aspects.

Cooperativeness.

Social responsibility of business.

Competition.

Physical Description:

xii, 203 pages : illustrations ; 24 cm

Place of Publication:

Princeton, NJ : Princeton University Press, [2004]

Summary:

I loved this book. It makes sense of key economic behaviors not well explained by other models, through a combination of theory, examples, and clever experiments. Clearly written, it will be easily understood not only by economists but also noneconomists. Vintage Frank."--Shlomo Maital, author of "Executive Economics"

"Robert Frank takes us beyond the economic notion of rationality, pointing to the norms that guide people, their social status, and character, and make them seem nicer than economic theory would have them be. He adds an interesting twist to the story by showing that those who are subjected to theory may actually be less nice, less cooperative than others."--Arjo Klamer, editor of "Conversations with Economists" and "The Value of Culture

Contents:

Introduction: infectious good

Pt. I. Doing well. Forging commitments that sustain cooperation ; Can cooperators find one another? ; Adaptive rationality and the moral emotions ; Can socially responsible firms survive in competitive environments

Pt. II. Doing good. What price the moral high ground? ; Local status, fairness, and wage compression revisited ; Motivation, cognition, and charitable giving

Pt. III. Forging better outcomes. Social norms as positional arms-control agreements ; Does studying economics inhibit cooperation?

Appendix: ethics questionnaire

Epilogue: the importance of sanctions.

Notes:

Includes bibliographical references and index.

ISBN:

0691006725

OCLC:

52070534

Online:

Publisher description