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Behavioral ethics: how psychology influenced economics and how economics might inform psychology?

Author

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  • Bernd Irlenbusch

    (Corporate Development and Business Ethics - University of Cologne)

  • Marie Claire Villeval

    (GATE Lyon Saint-Étienne - Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne - ENS de Lyon - École normale supérieure de Lyon - UL2 - Université Lumière - Lyon 2 - UCBL - Université Claude Bernard Lyon 1 - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique, Université de Lyon)

Abstract

This review surveys recent research developed in behavioral economics on the determinants of unethical behavior. Most recent progress has been made in three directions: the understanding of the importance of moral norms in individual decision-making, the conflicting role of opportunities provided by asymmetries of information and social preferences, and the crucial effect of rules, occupational norms and incentive schemes in the diffusion of dishonesty. The connection between economics and psychology is the most vivid on the first dimension.

Suggested Citation

  • Bernd Irlenbusch & Marie Claire Villeval, 2015. "Behavioral ethics: how psychology influenced economics and how economics might inform psychology?," Post-Print halshs-01159696, HAL.
  • Handle: RePEc:hal:journl:halshs-01159696
    DOI: 10.1016/j.copsyc.2015.04.004
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01159696
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