Location of Repository

Economic Ethics for Real Humans * The Contribution of Behavioral Economics to Economic Ethics

By Lisa Herzog and Wirtschaftsethik Für Menschliche


This paper discusses how economic ethics can profit from taking into account the results of behavioral economics. In contrast to the neo-classical mainstream of economics, behavioral economics does not presuppose the model of ‘economic man’, but explores the ways in which real human beings make economic decisions. The example of akrasia and its effects on old-age saving shows that behavioral economic research opens new fields for economic ethics. A central ethical aspect in this context is the question about the moral autonomy of economic agents. A Rawlsian approach shows that opt-out systems, which take into account typical behavioral tendencies, can, under certain conditions, be a way of combining the desiderata of supporting rational behavior and safe-guarding autonomy

Topics: Economic Ethics, Behavioral Economics, Economic Methodology, Akrasia, Libertarian
Year: 2013
OAI identifier: oai:CiteSeerX.psu:
Provided by: CiteSeerX
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://citeseerx.ist.psu.edu/v... (external link)
  • http://www.zfwu.de/fileadmin/p... (external link)
  • Suggested articles

    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.