Morals and Markets
The Dangerous Balance| By: | D. Friedman; D. McNeill |
| Publisher: | Springer Nature |
| Print ISBN: | 9781137282583 |
| eText ISBN: | 9781137331526 |
| Edition: | 2 |
| Copyright: | 2013 |
| Format: | Reflowable |
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Friedman and McNeill draw on recent research in evolutionary game theory and behavioral economics to explore the relationship between our moral codes and our market systems. They show how imbalance between morals and markets is at the root of the recent corporate scandals in the US as well as the global financial crisis the world continues to face.