Homo Oeconomicus Versus Homo Ethicus

• Authors: Czerwonka, Monika , Łuba, Paulina

Abstracts

EN

The aim of this paper is to show the conflict between a traditional paradigm of homo oeconomicus and a new approach to finance – homo ethicus. The authors present the concept of rationality in economics, then show the important place of ethics in finance and in the ongoing financial crisis. Finally, the authors give some examples of homo ethicus in praxis by explaining the ethical theory of investment and the motives for ethical investing.

Keywords

EN

homo oeconomicus; homo ethicus; ethics; ethical investing subprime crisis

• Publisher: Szkoła Główna Handlowa w Warszawie. Kolegium Zarządzania i Finansów
• Journal: Journal of Management and Financial Sciences
• Year: 2015
• Volume: 21(3)
• Pages: 71-86

Dates

published

2017-08-28

Contributors

author

Czerwonka, Monika

author

Łuba, Paulina