The main purpose of this paper is to assess a possible impact millennials will have on the future business environment of Industry 4.0, based on their personal value orientations. Millennials are taking over important roles in organizations, but their personal values are significantly different...

Greenspan's book does not quite reach either, in trying to reach two audiences. Economists can learn a lot from it, but they will recognize that many of the arguments would have trouble passing scrutiny in peer-reviewed journals. Many other readers will buy the book, but few will finish it. It's...

By using a choice experiment, this paper focuses on citizens' preferences for effort-sharing rules of how carbon abatement should be shared among countries. We find that Swedes do not rank the rule favoring their own country highest. Instead, they prefer the rule where all countries are allowed...

Erat and Gneezy (2012) conduct an experiment to test whether people avoid lying in a situation where doing so would lead to a Pareto improvement. They conclude that many people exhibit such a "pure lie aversion." I argue that the experiment does not provide a reliable test for such an aversion,...

Als Intermediäre zwischen Kapitalgebern und -nehmern sind Finanzinstitute nicht nur mit vielfältigen einzel-, sondern auch gesamtwirtschaftlichen Ansprüchen konfrontiert. Sie beziehen sich auf die gemeinsame Erfüllung ökonomischer, sozialer und ökologischer Ziele im Sinne nachhaltigen...

Although ethical standards and procedures for research in Korea have developed closer to global standards, applying those standards and procedures have led significant conflicts widely due to the cultural differences. In Korea where relationship-centered East Asian values are crucial, it is...

This paper explores the conditions under which a moral disposition is rewarded, in the sense of moral people being more prosperous than amoral people. The analytical framework is a general equilibrium model in which production is more lucrative for moral people than for amoral people, but in...