Work Ethic, Social Ethic, no Ethic: Measuring the Economic Values of Modern Christians

The Protestant Ethic versus the "New Ethic"

Long-run selection and the work ethic

That individuals contribute in social dilemma interactions even when contributing is costly is a wellestablished observation in the experimental literature. Since a contributor is always strictly worse off than a non-contributor the question is raised if an intrinsic motivation to contribute can survive in an evolutionary setting. Applying stochastic evolutionary dynamics we give conditions for...

Work Ethic, Employment Contracts, and Firm Value

Traditional agency theory assumes that managers are egoistic and need incentives to act in the best interests of the firm. As such, agency theory is a key determinant of firm size, capital structure, corporate governance, and firm value. However, traditional theory ignores the fact that some people are virtuous and do not need such incentives. If some employees are selfless, diligent, and have ...

The Land Ethic

Uncovering the Planetary Ethic

There is increasing recognition of the need for a Planetary Ethic (for example, the urgent call by Paul Kurtz). Western civil society is based, it may be argued, more on consensus of behaviours than values. Appeals for behavioural outcomes (road safety, anti-violence campaigns) seldom explicate fundamental principles. Given this, even the partial success achieved in creating ‘decent’ society is...