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On Greed

delete2011-01-01
delete140
PRE
AI
L
Long Wang
J
J. Keith Murnighan *
DOI:10.1080/19416520.2011.588822delete
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Abstract

Abstract

En 中文
Greed is a central element in human existence. It is also frequently mentioned as a factor in many recent organizational and financial scandals. Thus, it was surprising to discover that empirical research on greed is rare. In contrast, however, a variety of different literatures present a rich conceptual foundation for understanding the dynamics of greed and greedy behavior. We focus on four of these literatures, broadly defined as historical/philosophical, economic, political, and social psychological/game theoretic, to investigate the concept of greed. We identify and explore three of its major characteristics: its moral, cognitive, and emotional elements. In addition, we present a decision process model to synthesize and analyze the dynamics of intuition, emotions, and reasoning that contribute to or inhibit greed. In essence, our discussion addresses the genesis, the catalysts, and the ramifications of greed.
Keywords:
ETHICAL DECISION-MAKING
BAD MANAGEMENT THEORIES
MORAL DISENGAGEMENT
PUBLIC-GOODS
SELF
ECONOMICS
CONCEPTIONS
EMOTION
ORGANIZATIONS
GRATIFICATION
AI Summary

AI Summary

Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.

Journal

Academy of Management Annals cover
Academy of Management Annals
IF:
16.5
Papers:
345
Citations:
1.0W

Organization

C
City University of Hong Kong
Scholars:
2.3W
Papers: 3.0W
Citations: 6.1W
N
Northwestern University
Scholars:
6.2W
Papers: 5.3W
Citations: 3.9K
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