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dc.contributor.authorParada Daza, Jose Rigoberto
dc.date.accessioned2010-10-04T07:45:31Z
dc.date.available2010-10-04T07:45:31Z
dc.date.issued2004
dc.identifier.citationParada Daza, J. R. (2004). The utility function and the emotional well-being function. EJBO - Electronic Journal of Business Ethics and Organization Studies, Vol. 9  (2).  Retrieved from http://ejbo.jyu.fi
dc.identifier.urihttps://jyx.jyu.fi/handle/123456789/25363
dc.description.abstractBehind the utility function, which is the basis for economic and finance theory, is a philosophical and ethical approach based essentially on the Utilitarian and Hedonistic schools. Once qualitative, the utility function’s approach shifted to a quantitative one based on the work of the mathematician, D. Bernoulli. This quantitative approach is normative and based on a maximizing agent. In this paper, the “emotional well-being” function is developed which mixes the ethics of a rational economic individual with those of a more complete individual who is simultaneously conditioned by economic, instinctive, social, religious, ethical, and esthetic values. This new utility function of emotional well-being is shown to remain within the envelope function of the Bernoulli-type utility function.en
dc.language.isoeng
dc.publisherBusiness and Organization Ethics Network (BON)
dc.relation.ispartofseriesEJBO - Electronic Journal of Business Ethics and Organization Studies
dc.relation.urihttp://ejbo.jyu.fi
dc.subject.otherutilitarianismen
dc.subject.otherutility functionen
dc.subject.otherrationalityen
dc.subject.otherwell-beingen
dc.subject.otherethicsen
dc.subject.otheremotional well-beingen
dc.subject.otherutilitarismien
dc.subject.otherrationalismien
dc.subject.otherhyvinvointien
dc.subject.otherhenkinen hyvinvointien
dc.titleThe utility function and the emotional well-being function
dc.typeArticleen
dc.identifier.urnURN:NBN:fi:jyu-201010042876
dc.relation.issn1239-2685
dc.rights.accesslevelopenAccessfi


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