Responsibility and Economics

Research output: Working paperWorking papers

Standard

Responsibility and Economics. / Beckmann, Markus; Pies, Ingo.
Halle-Wittenberg: Martin-Luther-Universität Halle-Wittenberg, 2007. (Diskussionspapiere; Vol. 2007, No. 6).

Research output: Working paperWorking papers

Harvard

Beckmann, M & Pies, I 2007 'Responsibility and Economics' Diskussionspapiere, no. 6, vol. 2007, Martin-Luther-Universität Halle-Wittenberg, Halle-Wittenberg. <http://ethik.wiwi.uni-halle.de/forschung/news199874/>

APA

Beckmann, M., & Pies, I. (2007). Responsibility and Economics. (Diskussionspapiere; Vol. 2007, No. 6). Martin-Luther-Universität Halle-Wittenberg. http://ethik.wiwi.uni-halle.de/forschung/news199874/

Vancouver

Beckmann M, Pies I. Responsibility and Economics. Halle-Wittenberg: Martin-Luther-Universität Halle-Wittenberg. 2007. (Diskussionspapiere; 6).

Bibtex

@techreport{c6f07b47edfa4e369d8d54b53be79dfe,
title = "Responsibility and Economics",
abstract = "Empirically, responsibility is a concept increasingly made use of in order to address societal issues. At the same time, it is a concept mainstream economics has, so far, hardly touched on. The paper shows that the application of economic reasoning to the responsibility concept can instruct a twofold learning process: First, the very tradition of economics allows to better understand and elaborate the semantics of responsibility. Here, the paper develops the concept of ordo-responsibility that differentiates between the initial basic game and the related meta-games. The focus thus shifts to the rule- setting processes and rule-finding discourses for which the actors can accept governance responsibility and discourse responsibility, respectively. Second, the rational-choice analysis of the responsibility concept also produces important insights for mainstream economic theory. Building on a simple model that delineates the responsibility aptitude of an actor, the paper explains why standard economics tends to attribute the rule-setting function exclusively to state actors. Yet, as the underlying nation-state paradigm depends on social determinants that are not universally given, such economic theory shows a double blind spot. Against this backdrop, the paper sketches out how to broaden the conventional perspective and identifies policy recommendations for state actors and business corporations.",
keywords = "Sustainability sciences, Management &amp; Economics, Economics, Responsibility",
author = "Markus Beckmann and Ingo Pies",
year = "2007",
language = "English",
isbn = "978-3-86010-900-7",
series = "Diskussionspapiere",
publisher = "Martin-Luther-Universit{\"a}t Halle-Wittenberg",
number = "6",
address = "Germany",
type = "WorkingPaper",
institution = "Martin-Luther-Universit{\"a}t Halle-Wittenberg",

}

RIS

TY - UNPB

T1 - Responsibility and Economics

AU - Beckmann, Markus

AU - Pies, Ingo

PY - 2007

Y1 - 2007

N2 - Empirically, responsibility is a concept increasingly made use of in order to address societal issues. At the same time, it is a concept mainstream economics has, so far, hardly touched on. The paper shows that the application of economic reasoning to the responsibility concept can instruct a twofold learning process: First, the very tradition of economics allows to better understand and elaborate the semantics of responsibility. Here, the paper develops the concept of ordo-responsibility that differentiates between the initial basic game and the related meta-games. The focus thus shifts to the rule- setting processes and rule-finding discourses for which the actors can accept governance responsibility and discourse responsibility, respectively. Second, the rational-choice analysis of the responsibility concept also produces important insights for mainstream economic theory. Building on a simple model that delineates the responsibility aptitude of an actor, the paper explains why standard economics tends to attribute the rule-setting function exclusively to state actors. Yet, as the underlying nation-state paradigm depends on social determinants that are not universally given, such economic theory shows a double blind spot. Against this backdrop, the paper sketches out how to broaden the conventional perspective and identifies policy recommendations for state actors and business corporations.

AB - Empirically, responsibility is a concept increasingly made use of in order to address societal issues. At the same time, it is a concept mainstream economics has, so far, hardly touched on. The paper shows that the application of economic reasoning to the responsibility concept can instruct a twofold learning process: First, the very tradition of economics allows to better understand and elaborate the semantics of responsibility. Here, the paper develops the concept of ordo-responsibility that differentiates between the initial basic game and the related meta-games. The focus thus shifts to the rule- setting processes and rule-finding discourses for which the actors can accept governance responsibility and discourse responsibility, respectively. Second, the rational-choice analysis of the responsibility concept also produces important insights for mainstream economic theory. Building on a simple model that delineates the responsibility aptitude of an actor, the paper explains why standard economics tends to attribute the rule-setting function exclusively to state actors. Yet, as the underlying nation-state paradigm depends on social determinants that are not universally given, such economic theory shows a double blind spot. Against this backdrop, the paper sketches out how to broaden the conventional perspective and identifies policy recommendations for state actors and business corporations.

KW - Sustainability sciences, Management &amp; Economics

KW - Economics

KW - Responsibility

M3 - Working papers

SN - 978-3-86010-900-7

T3 - Diskussionspapiere

BT - Responsibility and Economics

PB - Martin-Luther-Universität Halle-Wittenberg

CY - Halle-Wittenberg

ER -

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