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In the case of vignette 3, REC chairpersons less often considered their own ethical valuations to be in agreement with the anticipated decisions of their REC than with the previous vignettes.
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In this sophisticated but accessible work, Gollier builds a bridge between welfare economics and finance theory to provide a framework for ethical valuation capable of establishing what asset prices should be on the basis of our shared moral values.
Ethical Asset Valuation and the Good Society starts by stating transparent moral principles and, from these, derives simple rules that can be used to evaluate saving and investment decisions in terms of the public good.
In this last step, for example, a respondent's attempt to be compatible with perceived norms (e.g., perceived fairness, political correctness, or ethical considerations) further biases a subjective valuation (Rehm and Frick 2010).
Arvidsson and Peitersen argue that financial markets could become a central arena in which diverse ethical concerns are integrated into tangible economic valuations.
It is not sufficient to declare the moral or ethical value of genetic resources: an urgent re-valuation in economic terms is increasingly needed to provide at once the tools and the reasons to preserve biological diversity.
Gutting's ethical naturalism is likewise more sophisticated than cruder attempts to reduce away all valuations in favor of explaining human behavior nomologically.
Certainly, the valuation dichotomy explored in #5 should be worked to the very ethical motheaten limit to minimize tax bleed.
Now, Mr. Brennan said, companies that pay attention to hitting profit targets at the expense of clear ethical conduct will pay a price -- not only in public prestige, but also in valuations of their securities and ability to do business.
ethical breaches?
But ethical?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com