Centre for Economic Transformation | CET

Ethics and behavioural theory

how do professionals assess their mental models?

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The role and ethics of professionals in business and economics have been questioned, especially after the financial crisis of 2008. Some suggest a reorientation using concepts such as craftsmanship.

In this article, I will explore professional practices within the context of behavioural theory and business ethics. I suggest that scholars of behavioural theory need a strategy to deal with normative questions to meet their ambition of practical relevance. Evidence-based management (EBMgt), a recent behavioural approach, may assist business ethics scholars in understanding how professionals infer ‘evidence’ to make decisions. For a professional, ethical issues are an integral part of decision-making at critical moments. As reflective practitioners, they develop insights related to ethical concerns when collecting and assessing evidence within decision-making processes.

Reference de Graaf, F. J. (2018). Ethics and behavioural theory: how do professionals assess their mental models? Journal of Business Ethics, 1-15. https://doi.org/10.1007/s10551-018-3955-6
Published by  CAREM 2 July 2018

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Jul 2018

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