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The Patient Who Changes His Mind

In: Behavioral Economics and Bioethics

Author

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  • Li Way Lee

    (Wayne State University)

Abstract

Bioethics should adopt the more nuanced view of rationality from behavioral economics. Most of us are conscious and capable of making decisions, but we are not consistently rational about all the issues all the time in all phases of life. And it is not to be taken for granted that we like to make decisions, whatever they are and whatever their consequences are. In this chapter, I make a case for bringing behavioral economics to bear on bioethics, so we have a bioethics that recognizes bounded rationality. I believe that such a “behavioral bioethics” will benefit both physicians and patients by bringing them together.

Suggested Citation

  • Li Way Lee, 2018. "The Patient Who Changes His Mind," Palgrave Advances in Behavioral Economics, in: Behavioral Economics and Bioethics, chapter 0, pages 7-15, Palgrave Macmillan.
    • Handle: RePEc:pal:paichp:978-3-319-89779-0_2
    DOI: 10.1007/978-3-319-89779-0_2
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