A note on the Trolley Problem and Three Weaknesses of Economic Theory

Abstract

The trolley problem is a moral dilemmas in which human lives are in danger and some, but not all, can be saved by direct intervention of a decision-maker. This article discusses three weaknesses of microeconomics with respect to individual conduct in the trolley problem: (i) it cannot make predictions; (ii) after observing the conduct of participants in an experiment, it cannot explain their decisions; (iii) it cannot suggest policies that ensure the maximization of aggregate welfare, nor can it suggest laws that endorse the prevailing observed conduct.experiment, moral dilemma, trolley problem,