Epistemic Closure’s Clash with Technology in New Markets

Many people, such as Adam Smith, Milton Friedman, Irving Fisher, and William Sharpe, assume that free markets full of rational people automatically lead to ethical actions and outcomes. After all, at its equilibrium point, a perfectly competitive free market maximizes utility, respects autonomy, and...

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Autore principale: Cooley, Dennis R. (Autore)
Tipo di documento: Elettronico Articolo
Lingua:Inglese
Verificare la disponibilità: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Pubblicazione: 2012
In: Journal of business ethics
Anno: 2012, Volume: 108, Fascicolo: 2, Pagine: 181-199
Altre parole chiave:B epistemic closure
B Rational
B Technology
B Free markets
B Practical moral principle
Accesso online: Volltext (JSTOR)
Volltext (lizenzpflichtig)