At the intersection of Behavioural Economics and Philosophy: Mutually informed disciplines

Abstract

The field of behavioural economics has produced a number of valuable insights into the psychology of irrational behaviour, consumerism and morality. One particularly interesting line of research is that of dishonesty, especially the episodic dishonesty of generally honest people. Currently, an experimental paradigm examining these kinds of research questions is being undertaken, and, using Dan Ariely's Predictably Irrational as a starting point, can broaden the scope of behavioural economics to consider philosophically salient issues as well.
In this article, a survey of the ability of behavioural economics to investigate traditionally philosophical questions, as well as moral issues, will be undertaken. A particular focus will be the discussion of further research directions made available by the paradigm of “experimental philosophy” and how behavioural economics can inform this project, followed by a discussion of the current experimental paradigm, and why this research will have larger consequences in a number of social dimensions.