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Is Management Theory Too "Self-ish"?Department of Management, College of Business Administration, University of Central Florida, 4000 Central Florida Blvd., Orlando, FL 32816-1400, rfolger{at}bus.ucf.edu
Milgard School of Business, University of Washington, Tacoma, 1900 Commerce St., Tacoma, WA 98402-3100 Within the realm of management and the other social sciences, many scholars have used self-interest explanations to account for individual judgment, decision making, and behavior with respect to a variety of issues in the domains of ethics and justice. In this article, the authors address the descriptive claim that all human behavior can ultimately be traced to underlying self-interest. Reviewing arguments from the philosophical literatures and evidence from management, social psychology, and behavioral economics, the authors argue that exclusively relying on self-interest explanations is a bad scientific strategy that discourages researchers from considering other determinants of how people behave.
Key Words: self-interest • psychological egoism • ethics • moral judgment
Journal of Management, Vol. 34, No. 6,
1127-1151 (2008) This article has been cited by other articles:
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