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This article penetrates the relationship between social behavior and rationality. A critical analysis is made of efforts to classify some behaviors as altruistic, as they simultaneously meet criteria of rationality by not truly being self-destructive. Newcomb's paradox is one attempt to create a hybrid behavior that is both irrational and still meets some(More)
The article argues for the use of a narrow stakeholder definition. It also adds one group – managers – that generally is not considered as being a stakeholder group. Here it is suggested that control of this stake-holder group holding the executive power should be a central topic for stakeholder theory. The article supports the common idea that the business(More)
The starting point of this article is the result of one ultimatum game experiment-one of many showing a huge deviation from the predictions of micro theory. However, further analysis gives an explanation of subject behavior that deserves to be seen as rational, if assumptions, such as a total secrecy resulting in no effects on reputation, are questioned.(More)
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