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Purpose – The purpose of this paper is threefold: conceptually, to demonstrate that ethical behavior is rational; theoretically, to illustrate that conscience can be readily incorporated into an expected utility framework; and empirically, to investigate whether conscience is an effective and...
Purpose – This paper aims to advance the argument that the process of wealth creation predominantly originates from the economic system of democracy. It seeks to put forth the concept of economic democracy and understand as the process enabling the opportunities for welfare gains to multiply in...
Purpose – In the fall of 1996, Walstad suggested that the economics profession needed to obtain the students' perspective on the choice of major. The purpose of this paper is to examine the factors that influence the choice of major. Design/methodology/approach – To recruit majors and to...
Purpose – This paper is an attempt to advance the critical discussion regarding environmental and societal responsibility in economics and business. Design/methodology/approach – The paper presents and discusses as a holistic, organic perspective enabling innovative solutions to challenges...
Purpose – The purpose of this paper is to highlight that child labour is complementary to adult labour in the brick kiln industry. Design/methodology/approach – The paper presents a case study of bonded labourers in the brick kiln industry of Southeast India. Findings – The paper finds that...
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