The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Does Competition Destroy Ethical Behavior?
Open accessAbstract
Explanations of unethical behavior often neglect the role of competition, as opposed to greed, in assuring its spread.Using the examples of child labor, corruption, "excessive" executive pay, corporate earnings manipulation, and commercial activities by universities, this paper clarifies the role of competition in promoting censured conduct.When unethical behavior cuts costs, competition drives down prices and entrepreneurs' incomes, and thereby reduces their willingness to pay for ethical conduct.Nonetheless, I suggest that competition might be good for ethical behavior in the long run, because it promotes growth and raises incomes.Higher incomes raise the willingness to pay for ethical behavior, but may also change what people believe to be ethical for the better.
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Citations
Cites
The Moral Consequences of Economic Growth
Friedman, B. M. (2017) · Markets, Morals & Religion · doi:10.4324/9780203786222-2 · Cited by 79
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Luca, M., & Zervas, G. (2016) · Management Science · doi:10.1287/mnsc.2015.2304 · Cited by 1,263
The Dark Side of Competition for Status
Charness, G., Masclet, D., & Villeval, M. C. (2014) · Management Science · doi:10.1287/mnsc.2013.1747 · Cited by 510
Motivated Bayesians: Feeling Moral While Acting Egoistically
Gino, F., Norton, M. I., & Weber, R. A. (2016) · Journal of Economic Perspectives · doi:10.1257/jep.30.3.189 · Cited by 208
Do Markets Crowd Out Virtues? An Aristotelian Framework
Graafland, J. J. (2010) · Journal of Business Ethics · doi:10.1007/s10551-009-0072-6 · Cited by 45
De Meyst, K., Cardinaels, E., & Van den Abbeele, A. G. H. L. (2017) · SSRN Electronic Journal · doi:10.2139/ssrn.2645965 · Cited by 5
Metadata
- Authors
- Shleifer, A.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2004-04-01
- Volume
- 94
- Issue
- 2
- Pages
- 414-418
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2123400387
- Cited by
- 624
- References
- 1
- FWCI
- 27.32
- Type
- journal article
- Language
- en
- Open access
- bronze
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