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Definition
Ethinomics is a field of study that combines ethics and economics and that focuses on the organizational, societal, an individual costs and benefits of ethical and unethical behavior, inclusive of both macro- and microlevels.
Introduction
Ethinomics is a relatively new area of study that focuses on the costs of ethical and unethical behavior for individuals, organizations, and societies. The presumption is that ethics is a rational choice, and research in this attempts to assess as objectively as possible the ramifications of making these choices. Such choices can include ones of commission or omission, and their effects may be short and/or long term. Microethinomics focuses on costs only to the individual and those in their immediate sphere of influence. Macroethinomics has a broader focus, assessing the impacts of individual ethical decisions on organizations and society as a whole. The study of...
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References
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Jurkiewicz, C.L. (2017). Ethinomics. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_2753-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_2753-1
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