"This textbook applies economic ethics to evaluate the free market system and enables students to examine the impact of free markets using the three main ethical approaches: utilitarianism, principle-based ethics, and virtue ethics. Ethics and Economics systematically links empirical research to...

This paper consists of a discussion of the three general theories of ethics, on the one hand as a framework for “solving” ethical dilemmas and on the other, as a stepping-stone, for the ethical analysis and evaluation of behavior and practices. We conclude this paper with an exposition of...

In this paper, we argue that the different relationships of corporations can be understood as contractual relationships. The aim of the contract is to do justice to the claims of all parties, including that of the corporation. This renders the notion of a contract eminently suitable as a...

Some centers of gravity are finally emerging in the field of business ethics after a decades-long search for action-guiding theories. Amongst the foremost of these are contractualism and virtue ethics. The former focuses on the morals of economic exchange, the latter on the moral qualities of...