Social preferences or sacred values? Theory and evidence of deontological motivations

Daniel L. Chen and Martin Schonger
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Daniel L. Chen: TSE-R - Toulouse School of Economics - UT Capitole - Université Toulouse Capitole - UT - Université de Toulouse - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, CNRS - Centre National de la Recherche Scientifique
Martin Schonger: ETH Zürich - Eidgenössische Technische Hochschule - Swiss Federal Institute of Technology [Zürich]

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Abstract: Recent advances in economic theory, largely motivated by experimental findings, have led to the adoption of models of human behavior where decision-makers take into consideration not only their own payoff but also others' payoffs and any potential consequences of these payoffs. Investigations of deontological motivations, where decision-makers make their choice based on not only the consequences of a decision but also the decision per se, have been rare. We provide a formal interpretation of major moral philosophies and a revealed preference method to distinguish the presence of deontological motivations from a purely consequentialist decision-maker whose preferences satisfy first-order stochastic dominance.

Date: 2022-05
New Economics Papers: this item is included in nep-exp, nep-hme and nep-hpe
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Citations: View citations in EconPapers (7)

Published in Science Advances , 2022, 8 (19), ⟨10.1126/sciadv.abb3925⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03894046

DOI: 10.1126/sciadv.abb3925

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