Third, much of economics is built around a normative theory of rationality.
Nevertheless, we could reject this concept and instead build a revised concept of freedom and responsibility that lives up to our normative demands (unlike Smart's utilitarian proposal) and is naturalistically plausible (unlike libertarian theories of free agency).
Guangzhou Metro has widely adopted information tools to build an urban rail transit enterprise with a normative governance structure, an effective management system, a healthy financial structure and industry-leading project management, operation services, technological innovation, and profitability.
"Weak substantive" approaches build in normative content, and hence are substantive, yet they do not place direct normative constraints on the contents of agents' preferences (Benson 2005; Richardson 2001).
Modood's (2017) contribution highlights that the multiculturalism literature in political theory relies on intercultural dialogue as a method to build normative political principles: Multiculturalists have rejected abstract reasoning by a sole reasoner or identical identity less individuals in favour of dialogue.
This study incorporates upper echelons theory and entrepreneurship research to build up a rational normative framework of strategic intent perspective, market leader/follower positions, and founder CEOs/family-successor CEOs for the international expansion strategy of small- and medium-sized enterprises and family firms.
Decision analysis is primarily a prescriptive discipline, built on normative and descriptive foundations [ 1].
This paper offers a solution to this challenge by introducing the Gap Frame; a normative framework built on the SDGs and developed in a multi-step expert-consultation approach.
This taxonomy provides a firm foundation upon which such a normative language could be built.
