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Economic ethics is the combination of economics and ethics, incorporating both disciplines to predict, analyze, and model economic phenomena.. It can be summarised as the theoretical ethical prerequisites and foundations of economic systems.
Social philosophy is the study and interpretation of society and social institutions in terms of ethical values rather than empirical relations. [1] Social philosophers emphasize understanding the social contexts for political, legal, moral and cultural questions, and the development of novel theoretical frameworks, from social ontology to care ethics to cosmopolitan theories of democracy ...
Economic sociology is the study of the social cause and effect of various economic phenomena. The field can be broadly divided into a classical period and a ...
Durkheim distinguishes sociology from other sciences and justifies his rationale. [1] Sociology is the science of social facts. Durkheim suggests two central theses, without which sociology would not be a science: It must have a specific object of study. Unlike philosophy or psychology, sociology's proper object of study are social facts.
Preference reversals and other associated phenomena are of wider relevance within behavioural economics, as they contradict the predictions of rational choice, the basis of traditional economics. Framing biases affecting investing, lending, borrowing decisions make one of the themes of behavioral finance.
The study of ethical value is also included in value theory. In addition, values have been studied in various disciplines: anthropology, behavioral economics, business ethics, corporate governance, moral philosophy, political sciences, social psychology, sociology and theology.
Some perspectives contrast ethics and value theory, asserting that the normative concepts examined by ethics are distinct from the evaluative concepts examined by value theory. [21] Axiological ethics is a subfield of ethics examining the nature and role of values from a moral perspective, with particular interest in determining which ends are ...
Sociology of morality is the branch of sociology that deals with the sociological investigation of the nature, causes, and consequences of people's ideas about morality. Sociologists of morality ask questions on why particular groups of people have the moral views that they do, and what are the effects of these views on behavior, interaction ...