The Impact of Science on the Ethics of Economic Life under a Predatory Pricing Case Cover Image

Wpływ nauki na etykę życia gospodarczego na podstawie sporu o ceny drapieżne
The Impact of Science on the Ethics of Economic Life under a Predatory Pricing Case

Author(s): Hanna Trojanowska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: business ethics; predatory pricing; barriers to entry

Summary/Abstract: Chicago School argues that the use of predatory strategy may not lead to a profit. Postchicago School, investigating this problem on the basis of game theory, argues just the opposite. This dispute on the basis of theoretical economics, has an impact on ethics in economic life. In a number of lawsuits companies rely on the views of the Chicago School to win, which raises the ethical concerns.

  • Issue Year: 15/2012
  • Issue No: 1
  • Page Range: 231-238
  • Page Count: 8
  • Language: Polish