Compliance with a social norm is a matter of self-enforceability and endogenous motivation to conform which is relevant not just to social norms but also to a wide array of institutions. Here we consider endogenous mechanisms that become effective once the game description has been enriched with...

New institutional economics (NIE) studies institutions and how they emerge, operate, and evolve. They also include organizational arrangements, intended as modes of governing economic transactions. Universities offer an exciting ground for testing the role of different institutional arrangements...

By considering what we identify as a problem inherent in the ‘nature of the firm’ – the risk of abuse of authority – we propound the conception of a Social Contract Theory of the Firm which is truly Rawlsian in its inspiration. Hence, we link the Social Contract Theory of the Firm...

The main contribution of this paper is twofold. First of all, it focuses on the decisional process that leads to the creation of a social norm. Secondly, it analyses the mechanisms through which subjects conform their behaviour to the norm. In particular, our aim is to study the role and the...

This paper aims at discussing the role of behavioral business ethics as a methodological approach that is valuable for the construction of a robust normative foundation for business ethics. In particular, we will focus on experiments Ðand, to a lesser extent, surveys, field research, and even...

The main contribution of this paper is twofold. First of all, it focuses on the decisional process that leads to the creation of a social norm. Secondly, it analyses the mechanisms through which subjects conform their behaviour to the norm. In particular, our aim is to study the role and the...