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

Author

Listed:
  • Alessandro Lanteri

    (Faculty of Political Science, Università del Piemonte Orientale at Alessandria)

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.

Suggested Citation

  • Alessandro Lanteri, 2010. "A note on the Trolley Problem and Three Weaknesses of Economic Theory," Economics Bulletin, AccessEcon, vol. 30(1), pages 500-507.
    • Handle: RePEc:ebl:ecbull:eb-09-00618
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    File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I1-P45.pdf
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    References listed on IDEAS

    as
    1. Sen, Amartya, 1985. "Goals, Commitment, and Identity," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 1(2), pages 341-355, Fall.
    2. Cubitt, Robin P. & Drouvelis, Michalis & Gächter, Simon & Kabalin, Ruslan, 2011. "Moral judgments in social dilemmas: How bad is free riding?," Journal of Public Economics, Elsevier, vol. 95(3), pages 253-264.
    3. Alessandro Lanteri & Chiara Chelini & Salvatore Rizzello, 2008. "An Experimental Investigation of Emotions and Reasoning in the Trolley Problem," Journal of Business Ethics, Springer, vol. 83(4), pages 789-804, December.
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    Cited by:

    1. Nana Adrian & Ann-Kathrin Crede & Jonas Gehrlein, 2019. "Market Interaction and the Focus on Consequences in Moral Decision Making," Diskussionsschriften dp1905, Universitaet Bern, Departement Volkswirtschaft.

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    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C9 - Mathematical and Quantitative Methods - - Design of Experiments

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