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The Social Contract of the Firm

Economics, Ethics and Organisation

  • Book
  • © 2000

Overview

Authors:
  1. Lorenzo Sacconi

    1. Centre for Ethics, Law & Economics (CELE), LIUC — Università Cattaneo di Castellanza, Castellanza (VA), Italy

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  • This book presents a theory of moral norms and codes of ethics seen as the resolution of decision problems and games situations involving incompleteness of contracts and unforeseen contingencies within firms and organisational hierarchies in general

Part of the book series: Ethical Economy (SEEP)

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Table of contents (8 chapters)

  1. Front Matter

    Pages I-XV
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  2. An Overview of the Theory: Hierarchies, Social Contract and Reputation

    • Lorenzo Sacconi
    Pages 1-31

  3. Economic Theory and the Social Contract of the Firm

    • Lorenzo Sacconi
    Pages 33-53

  4. Games of Reputation and Compliance with the Social Contract

    • Lorenzo Sacconi
    Pages 55-86

  5. How Far Does Reputation Extend? Abuse of Authority and Corporate Culture

    • Lorenzo Sacconi
    Pages 87-113

  6. Information, Incomplete Contracts and the Ethical Code

    • Lorenzo Sacconi
    Pages 115-134

  7. Dealing with Vagueness of Norms: the Theory of Fuzzy Sets

    • Lorenzo Sacconi
    Pages 135-159

  8. A Game Theoretic Model of Incomplete Contract and Ethical Code

    • Lorenzo Sacconi
    Pages 161-184

  9. Ethical Decision-making Procedure: Vagueness, Default Reasoning and Reputation

    • Lorenzo Sacconi
    Pages 185-214

  10. Back Matter

    Pages 215-230
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Keywords

About this book

In order to survive as a social institution a firm needs a constitutional social contract, even though implicit, among its stakeholders. This social contract must exist if an institution is to be justified. The book focuses on two main issues: To find out the terms of the hypothetical agreement among the firm's stakeholders in an ex ante perspective and to understand the endogenous mechanism generating appropriate incentives that induce to comply with the social contract itself, as seen in the ex post perspective.

Authors and Affiliations

  • Centre for Ethics, Law & Economics (CELE), LIUC — Università Cattaneo di Castellanza, Castellanza (VA), Italy

    Lorenzo Sacconi

Bibliographic Information

  • Book Title: The Social Contract of the Firm

  • Book Subtitle: Economics, Ethics and Organisation

  • Authors: Lorenzo Sacconi

  • Series Title: Ethical Economy

  • DOI: https://doi.org/10.1007/978-3-642-57300-2

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2000

  • Hardcover ISBN: 978-3-540-67219-7Due: 26 May 2000

  • Softcover ISBN: 978-3-642-63135-1Published: 07 November 2012

  • eBook ISBN: 978-3-642-57300-2Published: 06 December 2012

  • Series ISSN: 2211-2707

  • Series E-ISSN: 2211-2723

  • Edition Number: 1

  • Number of Pages: XV, 229

  • Additional Information: Original Italian edition published by Laterza, Rome, 1997

  • Topics: Microeconomics, Philosophy, general, Operations Research/Decision Theory

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