Results for 'market'

793 found
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  1. Between Market Failures and Justice Failures: Trade-Offs Between Efficiency and Equality in Business Ethics.Charlie Blunden - 2022 - Journal of Business Ethics 178 (3):647–660.
    The Market Failures Approach (MFA) is one of the leading theories in contemporary business ethics. It generates a list of ethical obligations for the managers of private firms that states that they should not create or exploit market failures because doing so reduces the efficiency of the economy. Recently the MFA has been criticised by Abraham Singer on the basis that it unjustifiably does not assign private managers obligations based on egalitarian values. Singer proposes an extension to the (...)
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  2. Market Harms and Market Benefits.Hayden Wilkinson - 2022 - Philosophy and Public Affairs 50 (2):202-38.
    Our actions in the marketplace often harm others. For instance, buying and consuming petroleum contributes to climate change and thereby does harm. But there is another kind of harm we do in almost every market interaction: market harms. These are harms inflicted via changes to the goods and/or prices available to the victim in that market. (Similarly, market benefits are those conferred in the same way.) Such harms and benefits may seem morally unimportant, as Judith Jarvis (...)
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  3. Market Freedom as Antipower.Robert S. Taylor - 2013 - American Political Science Review 107 (3):593-602.
    Historically, republicans were of different minds about markets: some, such as Rousseau, reviled them, while others, like Adam Smith, praised them. The recent republican resurgence has revived this issue. Classical liberals such as Gerald Gaus contend that neo-republicanism is inherently hostile to markets, while neo-republicans like Richard Dagger and Philip Pettit reject this characterization—though with less enthusiasm than one might expect. I argue here that the right republican attitude toward competitive markets is celebratory rather than acquiescent and that republicanism demands (...)
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  4. Professionalism, Agency, and Market Failures.Hasko von Kriegstein - 2016 - Business Ethics Quarterly 26 (4):445-464.
    According to the Market Failures Approach to business ethics, beyond-compliance duties can be derived by employing the same rationale and arguments that justify state regulation of economic conduct. Very roughly the idea is that managers have a duty to behave as if they were complying with an ideal regulatory regime ensuring Pareto-optimal market outcomes. Proponents of the approach argue that managers have a professional duty not to undermine the institutional setting that defines their role, namely the competitive (...). This answer is inadequate, however, for it is the hierarchical firm, rather than the competitive market, that defines the role of corporate managers and shapes their professional obligations. Thus, if the obligations that the market failures approach generates are to apply to managers, they must do so in an indirect way. I suggest that the obligations the market failures approach generates directly apply to shareholders. Managers, in turn, inherit these obligations as part of their duties as loyal agents. (shrink)
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  5.  44
    Marketing as Control of Human Interfaces and its Political Exploitation.Luciano Floridi - 2019 - Philosophy and Technology 32 (3):379-388.
    In previous works, I defined ourselves as informational organisms, or inforgs for short, who forage for, produce, cultivate, curate, process, and consume information (Floridi 2013). Yet, we may also be understood as interfaces, who inhabit and interact with, an environment also made up of data and computational processes. By describing ourselves in such terms, this paper argues that we can better understand several crucial phenomena that characterise our digital age, including marketing and the “marketisation” of political communication. The article concludes (...)
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  6. Organ Markets and Disrespectful Demands.Simon Rippon - 2017 - International Journal of Applied Philosophy 31 (2):119-136.
    There is a libertarian argument for live donor organ markets, according to which live donor organ markets would be permitted if we simply refrained from imposing any substantive and controversial moral assumptions on people who reasonably disagree about morality and justice. I argue that, to the contrary, this endorsement of live donor organ markets depends upon the libertarians’ adoption of a substantive and deeply controversial conception of strong, extensive property rights. This is shown by the fact that these rights would (...)
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  7. Exit Left: Markets and Mobility in Republican Thought.Robert S. Taylor - 2017 - Oxford, UK: Oxford University Press.
    Contemporary republicanism is characterized by three main ideas: free persons, who are not subject to the arbitrary power of others; free states, which try to protect their citizens from such power without exercising it themselves; and vigilant citizenship, as a means to limit states to their protective role. This book advances an economic model of such republicanism that is ideologically centre-left. It demands an exit-oriented state interventionism, one that would require an activist government to enhance competition and resource exit from (...)
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  8. The Ethics of Marketing to Vulnerable Populations.David Palmer & Trevor Hedberg - 2013 - Journal of Business Ethics 116 (2):403-413.
    An orthodox view in marketing ethics is that it is morally impermissible to market goods to specially vulnerable populations in ways that take advantage of their vulnerabilities. In his signature article “Marketing and the Vulnerable,” Brenkert (Bus Ethics Q Ruffin Ser 1:7–20, 1998) provided the first substantive defense of this position, one which has become a well-established view in marketing ethics. In what follows, we throw new light on marketing to the vulnerable by critically evaluating key components of Brenkert’s (...)
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  9. Is the Market a Sphere of Social Freedom?Timo Jütten - 2015 - Critical Horizons 16 (2):187-203.
    In this paper I examine Axel Honneth’s normative reconstruction of the market as a sphere of social freedom in his 2014 book, Freedom’s Right. Honneth’s position is complex: on the one hand, he acknowledges that modern capitalist societies do not realise social freedom; on the other hand, he insists that the promise of social freedom is implicit in the market sphere. In fact, the latter explains why modern subjects have seen capitalism as legitimate. I will reconstruct Honneth’s conception (...)
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  10.  76
    Housing Markets.Kristina Meshelski - 2022 - In Christopher Melenovsky (ed.), _The Routledge Handbook of Philosophy Politics Economics_. Routledge. pp. 252-263.
    This handbook advances the interdisciplinary field of Philosophy, Politics, and Economics (PPE) by identifying thirty-five topics of ongoing research. Instead of focusing on historically significant texts, it features experts talking about current debates. Individually, each chapter provides a resource for new research. Together, the chapters provide a thorough introduction to contemporary work in PPE, which makes it an ideal reader for a senior-year course. -/- This is Chapter 20, "Housing Markets".
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  11. Markets Within the Limit of Feasibility.Kenneth Silver - forthcoming - Journal of Business Ethics:1-15.
    The ‘limits of markets’ debate broadly concerns the question of when it is (im)permissible to have a market in some good. Markets can be of tremendous benefit to society, but many have felt that certain goods should not be for sale (e.g., sex, kidneys, bombs). Their sale is argued to be corrupting, exploitative, or to express a form of disrespect. In Markets without Limits, Jason Brennan and Peter Jaworski have recently argued to the contrary: For any good, as long (...)
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  12.  26
    Should Market Harms Be an Exception to the Harm Principle?Richard Endörfer - 2022 - Economics and Philosophy 38 (2):221-241.
    Many proponents of the Harm Principle seem to implicitly assume that the principle is compatible with permitting the free exchange of goods and services, even if such exchanges generate so-called market harms. I argue that, as a result, proponents of the Harm Principle face a dilemma: either the Harm Principle’s domain cannot include a large number of non-market harm cases or market harms must be treated on par with non-market harms. I then go on to discuss (...)
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  13.  75
    A Market Failures Approach to Justice in Health.L. Chad Horne & Joseph Heath - 2022 - Politics, Philosophy and Economics 21 (2):165-189.
    Politics, Philosophy & Economics, Volume 21, Issue 2, Page 165-189, May 2022. It is generally acknowledged that a certain amount of state intervention in health and health care is needed to address the significant market failures in these sectors; however, it is also thought that the primary rationale for state involvement in health must lie elsewhere, for example in an egalitarian commitment to equalizing access to health care for all citizens. This paper argues that a complete theory of justice (...)
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  14. Semiotic Limits to Markets Defended.David Rondel - 2022 - Philosophia 50 (1):217-232.
    Jason Brennan and Peter Jaworski argue in recent work that “semiotic” or “symbolic” objections to markets are unsuccessful. I counter-argue that there are indeed some semiotic limits on markets and that anti-commodification theorists are not merely expressing disgust when they disapprove of markets in certain goods on those grounds. One central argument is that, contrary to what Brennan and Jaworski claim, semiotic arguments against markets do not depend fundamentally on meanings that prevail about markets. Rather, they depend on the meanings (...)
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  15. Efficient Markets and Alienation.Barry Maguire - forthcoming - Philosophers Imprint.
    Efficient markets are alienating if they inhibit us from recognizably caring about one another in our productive activities. I argue that efficient market behaviour is both exclusionary and fetishistic. As exclusionary, the efficient marketeer cannot manifest care alongside their market behaviour. As fetishistic, the efficient marketeer cannot manifest care in their market behaviour. The conjunction entails that efficient market behavior inhibits care. It doesn’t follow that efficient market behavior is vicious: individuals might justifiably commit to (...)
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  16. Republicanism and Markets.Robert S. Taylor - 2019 - In Yiftah Elazar & Geneviève Rousselière (eds.), Republicanism and the Future of Democracy. Cambridge: Cambridge University Press. pp. 207-223.
    The republican tradition has long been ambivalent about markets and commercial society more generally: from the contrasting positions of Rousseau and Smith in the eighteenth century to recent neorepublican debates about capitalism, republicans have staked out diverse positions on fundamental issues of political economy. Rather than offering a systematic historical survey of these discussions, this chapter will instead focus on the leading neo-republican theory—that of Philip Pettit—and consider its implications for market society. As I will argue, Pettit’s theory is (...)
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  17. Habermas and Markets.Timo Jütten - 2013 - Constellations 20 (4):587-603.
    In this paper I examine Habermas’ conception of the market in The Theory of Communicative Action (TCA). Habermas’ characterization of the market as norm-free has been controversial and I discuss three objections to it: the claims that it (1) conflates of action types, types of action coordination and spheres of action, (2) cannot account for the normative structure of the social organization of labour, and (3) that it makes impossible to make moral judgments about behaviour in the (...). I conclude that while some of these objections are unfounded, we have reason to revise Habermas’ substantive claims about the market. I also stress the importance of distinguishing between the TCA’s methodology and its time-diagnostic thrust. Next, I assess the colonization thesis through a case study of the commodification of higher education. I conclude that this thesis remains plausible, but that it needs to be supplemented with a theory of ideology. (shrink)
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  18. Ethical Issues of Global Marketing: Avoiding Bad Faith in Visual Representation.Janet Borgerson & Jonathan Schroeder - 2002 - European Journal of Marketing 36 (5/6):570-594.
    This paper examines visual representation from a distinctive, interdisciplinary perspective that draws on ethics, visual studies and critical race theory. Suggests ways to clarify complex issues of representational ethics in marketing communications and marketing representations, suggesting an analysis that makes identity creation central to societal marketing concerns. Analyzes representations of the exotic Other in disparate marketing campaigns, drawing upon tourist promotions, advertisements, and mundane objects in material culture. Moreover, music is an important force in marketing communication: visual representations in music (...)
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  19. A Theory of Just Market Exchange.Ricardo Andrés Guzmán & Michael C. Munger - 2020 - Journal of Value Inquiry 54 (1):91-118.
    Any plausibly just market exchange must balance two conflicting moral considerations: non-worseness (Wertheimer, 1999) and euvoluntariness (true voluntariness; Munger, 2011). We propose an analytical theory of just market exchange that partly resolves this conflict.
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  20. Digital Subjectivation and Financial Markets: Criticizing Social Studies of Finance with Lazzarato.Tim Christiaens - 2016 - Big Data and Society 3 (2):1-15.
    The recently rising field of Critical Data Studies is still facing fundamental questions. Among these is the enigma of digital subjectivation. Who are the subjects of Big Data? A field where this question is particularly pressing is finance. Since the 1990s traders have been steadily integrated into computerized data assemblages, which calls for an ontology that eliminates the distinction between human sovereign subjects and non-human instrumental objects. The latter subjectivize traders in pre-conscious ways, because human consciousness runs too slow to (...)
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  21.  99
    The Marketing of Philosophy: A Preliminary Report.Peter G. Jones - manuscript
    A tongue-in-cheek marketing review of university philosophy prompted by a slow-down in sales and mounting criticism of the product. These problems are diagnosed as the consequence of an inward-looking culture that encourages a narrow and fixed focus on selling the traditional product while discouraging examination of its competitors.
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  22. Marketing as a Metaphor for Assuming and Outlining the Senses of Library Services – A Romanian Initiative and Experience.Kiraly V. Istvan & Trifu Raluca - 2010 - Philobiblon - Transilvanian Journal of Multidisciplinary Research in Humanities:441 - 454.
    The present research studies more thoroughly and extends from global perspectives the ideas elaborated in a former study dedicated to that which was named there – related to libraries, but not exclusively – symbolic marketing, embodied and objectified as a metaphor. “Living”, active and efficient metaphor. The analyses focus, on the one hand, on the theoretical, conceptual – and even philosophical – aspects of “symbolic marketing”. On the other hand, applying these theoretical considerations, we present and examine as a case (...)
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  23. “Paintings Can Be Forged, But Not Feeling”: Vietnamese Art—Market, Fraud, and Value.Quan-Hoang Vuong, Manh-Tung Ho, Hong-Kong T. Nguyen, Thu-Trang Vuong & Ho Manh Toan - 2018 - Arts 7 (4):62.
    A work of Vietnamese art crossed a million-dollar mark in the international art market in early 2017. The event was reluctantly seen as a sign of maturity from the Vietnamese art amidst the many existing problems. Even though the Vietnamese media has discussed the issues enthusiastically, there is a lack of literature from the Vietnamese academics examining the subject, and even rarer in from the market perspective. This paper aims to contribute an insightful perspective on the Vietnamese art (...)
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  24.  15
    What’s the Point of Efficiency? On Heath’s Market Failures Approach.Richard Endörfer & Louis Larue - forthcoming - Business Ethics Quarterly 32 (4):1-25.
    This article reviews and criticizes Joseph Heath’s market failures approach (MFA) to business ethics. Our criticism is organized into three sections. First, we argue that, even under the ideal assumptions of perfect competition, when markets generate Pareto-efficient distributions, Heath’s approach does not rule out significant harms. Second, we show that, under nonideal conditions, the MFA is either too demanding, if efficiency is to be attained, or not sufficiently demanding, if the goal of Pareto efficiency is abandoned. Finally, we argue (...)
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  25. The Free Market Model Versus Government: A Reply to Nozick.John T. Sanders - 1977 - Journal of Libertarian Studies 1 (1):35-44.
    In Anarchy, State and Utopia, Robert Nozick argues, first, that free-market anarchism is unstable -that it will inevitably lead back to the state; and, second, that without a certain "redistributive" proviso, the model is unjust. If either of these things is the case, the model defeats itself, for its justification purports to be that it provides a morally acceptable alternative to government (and therefore to the state). I argue, against Nozick's contention, that his "dominant protection agency" neither meets his (...)
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  26. Markets and Economic Theory.Jonny Anomaly & Geoffrey Brennan - 2013 - In Byron Kaldis (ed.), Encyclopedia of Philosophy and the Social Sciences. Sage Publications.
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  27.  2
    Individuating Goods on Markets with a View Towards Ethics and Economics.Joshua Stein - 2022 - Journal of Social Ontology 8 (1):1-23.
    This paper proposes that goods (the things exchanged in financial transactions and an object of study in economics) should be individuated according to a two-place relation constituted by an object and a description. Several of the problems in contemporary philosophy of economics involve shifting focus from objects to descriptions, while certain phenomena central to micro-economics, market regulation, and political economy require consideration of one of the two places. The paper argues thatby considering both constituents in a relation, many of (...)
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  28. Asylum for Sale: A Market Between States That is Feasible and Desirable.Johannes Himmelreich - 2019 - Journal of Applied Philosophy 36 (2):217-232.
    The asylum system faces problems on two fronts. States undermine it with populist politics, and migrants use it to satisfy their migration preferences. To address these problems, asylum services should be commodified. States should be able to pay other states to provide determination and protection-elsewhere. In this article, I aim to identify a way of implementing this idea that is both feasible and desirable. First, I sketch a policy proposal for a commodification of asylum services. Then, I argue that this (...)
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  29. Content Marketing Model for Leading Web Content Management.Igor Britchenko, Iryna Diachuk & Maksym Bezpartochnyi - 2019 - Atlantis Press 318:119-126.
    This paper is envisaged to provide the Ukrainian businesses with suggestions for a content marketing model for the effective management of website content in order to ensure its leading position on the European and world markets. Our study employed qualitative data collection with semi-structured interviews, survey, observation methods, quantitative and qualitative methods of content analysis of regional B2B companies, as well as the comparative analysis. The following essential stages of the content marketing process as preliminary search and analysis, website content (...)
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  30. Fake News and Epistemic Vice: Combating a Uniquely Noxious Market.Megan Fritts & Frank Cabrera - 2022 - Journal of the American Philosophical Association (3):1-22.
    The topic of fake news has received increased attention from philosophers since the term became a favorite of politicians (Habgood-Coote 2016; Dentith 2016). Notably missing from the conversation, however, is a discussion of fake news and conspiracy theory media as a market. This paper will take as its starting point the account of noxious markets put forward by Debra Satz (2010), and will argue that there is a pro tanto moral reason to restrict the market for fake news. (...)
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  31. Contesting the Market: An Assessment of Capitalism's Threat to Democracy.Michael Fuerstein - 2015 - In Subramanian Rangan (ed.), Performance and Progress: Essays on Capitalism, Business, and Society. Oxford University Press.
    I argue that capitalism presents a threat to “democratic contestation”: the egalitarian, socially distributed capacity to affect how, why, and whether power is used. Markets are not susceptible to mechanisms of accountability, nor are they bearers of intentions in the way that political power-holders are. This makes them resistant to the kind of rational, intentional oversight that constitutes one of democracy’s social virtues. I identify four social costs associated with this problem: the vulnerability of citizens to arbitrary interference, the insensitivity (...)
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  32.  31
    Labor Markets.Andrzej Klimczuk - 2017 - In Bryan Turner (ed.), The Wiley-Blackwell Encyclopedia of Social Theory. Wiley-Blackwell. pp. 1--5.
    In a market economy, human work is offered and sought in the labor market. It is valued because of the level of demand for it and the rarity of the required qualifications. At the same time, because of the different contexts and conditions, there are many labor markets that are defined as the professional labor markets, local labor markets, dual labor markets, and black and gray labor markets.
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  33.  51
    Re-Embedding the Market: Institutionalizing Effective Environmentalism.Arran Gare - 2022 - In Andrew M. Davis, Maria-Terisa Teixeira & Andrew Schwartz (eds.), Nature in Process: Organic Proposals in Philosophy, Society and Religion. Anoka: MN: Process Century Press. pp. 145-169.
    Karl Polanyi in The Great Transformation diagnosed what had happened in the Nineteenth Century that led to poverty, increasingly wild economic fluctuations, increasingly severe depressions, and social dislocation and oppression on a massive scale – the market had been disembedded from communities which were then subjected to the imperatives of a supposedly autonomous market. In fact, such disembedding and imposition of these imperatives was a deliberate strategy developed as a means to impose exploitative relations on people, in opposition (...)
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  34.  76
    Society, Like the Market, Needs to Be Constructed: Foucault’s Critical Project at the Dawn of Neoliberalism.Carlos Palacios - 2018 - History of the Human Sciences 31 (1):74-96.
    It has been commonplace to equate Foucault’s 1979 series of lectures at the Collège de France with the claim that for neoliberalism, unlike for classical liberalism, the market needs to be artificially constructed. The article expands this claim to its full expression, taking it beyond what otherwise would be a simple divulgation of a basic neoliberal tenet. It zeroes in on Foucault’s own insight: that neoliberal constructivism is not directed at the market as such, but, in principle, at (...)
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  35. Piac és igazságosság? (Market and Justice?).Attila Tanyi - 2000 - Napvilág.
    The aim of the book is to uncover the relation between market and justice through the critical examination of the work of Friedrich Hayek. The book argues for the following thesis: the institution of free market is not the only candidate social system; substantial, not merely formal distributive justice must become the central virtue of our social institutions. Notwithstanding its achievements and virtues, the Hayekian theory makes a simple mistake by equivocating possible social systems, dividing them into two (...)
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  36. Expressive Objections to Markets: Normative, Not Symbolic.Daniel Layman - 2016 - Business Ethics Journal Review 4 (1):1-6.
    Jason Brennan and Peter Jaworski reject expressive objections to markets on the grounds that market symbolism is culturally contingent, and contingent cultural symbols are less important than the benefits markets offer. I grant and, but I deny that these points suffice as grounds to dismiss expressive critiques of markets. For many plausible expressive critiques of markets are not symbolic critiques at all. Rather, they are critiques grounded in the idea that some market transactions embody morally inappropriate normative stances (...)
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  37.  47
    Dual Labor Market.Andrzej Klimczuk & Magdalena Klimczuk-Kochańska - 2016 - In Nancy Naples, Renee Hoogland, Wickramasinghe C., Wong Maithree & Wai Ching Angela (eds.), The Wiley-Blackwell Encyclopedia of Gender and Sexuality Studies. Wiley-Blackwell. pp. 1--3.
    The dual labor market theory is one of the primary explanations for the gender differences in earnings. It shows that gender inequality and stereotypes lead to employment of men and women in different segments of the labor market characterized by various incomes. This theory is based on the hypothesis that such markets are divided into segments, which are divided by different rules of conduct for workers and employers. Differences also include production conditions, terms of employment, productivity of employees, (...)
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  38. Commodification, Inequality, and Kidney Markets.Vida Panitch & L. Chad Horne - 2018 - Social Theory and Practice 44 (1):121-143.
    People tend to be repulsed by the idea of cash markets in kidneys, but support the trading of kidneys through paired exchanges or chains. We reject anti-commodification accounts of this reaction and offer an egalitarian one. We argue that the morally significant difference between cash markets and kidney chains is that the former allow the wealthy greater access to kidneys, while the latter do not. The only problem with kidney chains is that they do not go far enough in addressing (...)
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  39.  44
    Leaving Town for the Market: The Emergence and Expansion of Social Trust in the Works of Elinor Ostrom and Henry Sumner Maine.Marc Goetzmann - 2019 - Teoria E Critica Della Regolazione Sociale 2 (19):147-168.
    This paper uses the evolutionary frame provided by the Victorian jurist Henry Sumner Maine to describe the process by which trust can be seen as the product of a gradual development that starts with small-scale communities and later allows market exchanges to develop themselves. I also argue, using the work of Elinor Ostrom (1990), that trust emerges first within small-scale communities, where first- and second-degree collective action problems need to be resolved. The development of a social disposition to trust (...)
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  40. Marketing and Logical Deduction.R. Skipper & M. R. Hyman - forthcoming - Journal of Marketing:89--92.
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  41. Investigating Marketing of Children's Food Stuff and Methods of Advertising in Iran.Mitra Zarea Nemati - 2017 - International Journal of Trend in Scientific Research and Development 4 (1):1-11.
    Marketing of food stuff to increase sale is possible with different methods. Capillary marketing is one of the most influential techniques in the issue of more sales in organizations especially in terms of selling food stuff. Food stuff should be sold in a short time due to the short durability. People who make better use of capillary marketing to supply their products and services can sell better and faster. Dependency of Iran's economy on oil incomes and affectability of such incomes (...)
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  42. The Reality of Marketing Services in Palestine Cellular Communications Company (Jawwal).Suliman A. El Talla, Mazen J. Al Shobaki & Samy S. Abu-Naser - 2019 - International Journal of Academic Multidisciplinary Research (IJAMR) 3 (10):77-86.
    This study aimed to identify the reality of marketing services in Palestine Cellular Communications Company (Jawwal) from the viewpoint of the workers, where the researchers used the descriptive analytical method, through a questionnaire randomly distributed to the sample of workers in Palestine Cellular Communications Company (Jawwal) in Gaza Strip reached (60) employees. The study reached a number of results, the most important of which are: The results showed that there is a high level of efficiency of marketing services in Palestine (...)
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  43.  55
    Vietnam’s Corporate Bond Market, 1990-2010 : Some Reflections.Quan-Hoang Vuong & Tri-Dung Tran - 2011 - Journal of Economic Policy and Research 6 (1):1-47.
    Corporate bond appeared in 1992-1994 in Vietnamese capital markets. However, it is still not popular to both business sectors and academic circles. This paper explores different dimensions of Vietnamese corporate bond market using a unique and perhaps, most complete data set. State not only intervenes in the bond markets with its powerful budget and policies but also competes directly with enterprises. The dominance of state-owned enterprises and large corporations also prevents small and medium enterprises from this debt financing vehicle. (...)
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  44.  41
    Mergers & Acquisitions Market in Vietnam’s Transition Economy.Quan-Hoang Vuong, Tri-Dung Tran & Thi Chau Ha Nguyen - 2010 - Journal of Economic Policy and Research 5 (1):1-54.
    This paper is the first major and a thorough study on the Merger & Acquisition (M&A) activities in Vietnam’s emerging market economy, covering almost entirely the M&A history after the launch of Doi Moi. The surge in these activities since mid-2000s by no means incidentally coincides with the jump in FDI and FPI inflows into the nation. M&A industry in Vietnam has its socio-cultural traits that could help explain economic happenings, with anomalies and transitional characteristics, far better than even (...)
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  45. Kidneys Save Lives: Markets Would Probably Help.Luke Semrau - 2014 - Public Affairs Quarterly 28 (1):71-93.
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  46. Motives and Markets in Health Care.Daniel Hausman - 2013 - Journal of Practical Ethics 1 (2):64-84.
    The truth about health care policy lies between two exaggerated views: a market view in which individuals purchase their own health care from profit maximizing health-care firms and a control view in which costs are controlled by regulations limiting which treatments health insurance will pay for. This essay suggests a way to avoid on the one hand the suffering, unfairness, and abandonment of solidarity entailed by the market view and, on the other hand, to diminish the inflexibility and (...)
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  47. Moral Market Design.Sam Fox Krauss - 2019 - Kansas Journal of Law and Public Policy 28 (2).
    We often encounter people who we believe are behaving immorally. We routinely try to change minds and often donate to charitable organizations that do the same. Of course, this does not always work. In a liberal, rights-based society, we have to tolerate this. But legal entitlements to act in ways that others find immoral are inefficiently allocated. For example, some meat-eaters value eating meat less than some vegetarians would be willing to pay them to stop. While many have written about (...)
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  48.  70
    The Market for Body Parts.Gary James Jason - 2007 - Liberty (October):33-36.
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  49. 'Information as a Condition of Justice in Financial Markets: The Regulation of Credit-Rating Agencies.Boudewijn De Bruin - 2017 - In Lisa Maria Herzog (ed.), Just Financial Markets? Finance in a Just Society. Oxford: Oxford University Press. pp. 250-270.
    This chapter argues for deregulation of the credit-rating market. Credit-rating agencies are supposed to contribute to the informational needs of investors trading bonds. They provide ratings of debt issued by corporations and governments, as well as of structured debt instruments (e.g. mortgage-backed securities). As many academics, regulators, and commentators have pointed out, the ratings of structured instruments turned out to be highly inaccurate, and, as a result, they have argued for tighter regulation of the industry. This chapter shows, however, (...)
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  50.  69
    Non-Arbitrage In Financial Markets: A Bayesian Approach for Verification.Julio Michael Stern & Fernando Valvano Cerezetti - 2012 - AIP Conference Proceedings 1490:87-96.
    The concept of non-arbitrage plays an essential role in finance theory. Under certain regularity conditions, the Fundamental Theorem of Asset Pricing states that, in non-arbitrage markets, prices of financial instruments are martingale processes. In this theoretical framework, the analysis of the statistical distributions of financial assets can assist in understanding how participants behave in the markets, and may or may not engender arbitrage conditions. Assuming an underlying Variance Gamma statistical model, this study aims to test, using the FBST - Full (...)
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