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Conflicts of Interest Challenges and Solutions in Business, Law, Medicine, and Public Policy

ISBN-10: 0521844398

ISBN-13: 9780521844390

Edition: 2005

Authors: Don A. Moore, Daylian M. Cain, George Loewenstein, Max H. Bazerman

List price: $76.00
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Description:

This collection explores the subject of conflicts of interest. It investigates how to manage conflicts of interest, how they can affect well-meaning professionals, and how they can limit the effectiveness of corporate boards, undermine professional ethics, and corrupt expert opinion. Legal and policy responses are considered, some of which (e.g., disclosure) are shown to backfire and even fail. The results offer a sobering prognosis for professional ethics and for anyone who relies on professionals who have conflicts of interest. The contributors are leading authorities on the subject in the fields of law, medicine, management, public policy, and psychology. The nuances of the problems posed by conflicts of interest will be highlighted for readers in an effort to demonstrate the many ways that structuring incentives can affect decision making and organizations' financial well-being.
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Book details

List price: $76.00
Copyright year: 2005
Publisher: Cambridge University Press
Publication date: 4/18/2005
Binding: Hardcover
Pages: 314
Size: 6.25" wide x 9.00" long x 1.00" tall
Weight: 1.188
Language: English

List of contributors
Acknowledgements
Introduction
Business
Managing conflicts of interest within organizations: does activating social values change the impact of self-interest on behavior?
Commentary: on Tyler's 'Managing conflicts of interest within organizations'
A review of experimental and archival conflicts-of-interest research in auditing
Commentary: conflicts of interest in accounting
Bounded ethicality as a psychological barrier to recognizing conflicts of interest
Commentary: bounded ethicality and conflicts of interest
Coming clean but playing dirtier: the shortcomings of disclosure as a solution to conflicts of interest
Commentary: psychologically naive assumptions about the perils of conflicts of interest
Medicine
Physicians' financial ties with the pharmaceutical industry: a critical element of a formidable marketing network
Commentary: how did we get into this mess?
Why are (some) conflicts of interest in medicine so uniquely vexing?
Commentary: financial conflicts of interest and the identity of academic medicine
Law
Legal responses to conflicts of interest
Commentary: conflicts of interest begin where principal-agent problems end
Conflicts of interest and strategic ignorance of harm
Commentary: strategic ignorance of harm
Public Policy
Conflicts of interest in public policy research
Commentary: conflicts of interest in policy analysis: compliant pawns in their game?
Conflict of interest as an objection to consequentialist moral reasoning
Commentary: conflict of interest as a threat to consequentialist reasoning
Index