Course Details

Country: Germany
Course Title: Morals and Markets: Individual Decision Making and Social Interaction
Course Number: SOC60156
Course Description: This course aims at highlighting how economic and moral decision making intersect in various ways. The course will discuss experimental studies from psychology and economics on the importance of morality for economic decision making and how individual moral preferences are aggregated in markets. Topics include intuition in moral judgments, diffusion of responsibility, self-serving bias, crowding-out, diffusion of responsibility, self-serving bias, replacement logic, pivotality, and others. Finally, the concepts will be applied to topics like intermediaries and conflicts of interests. Students learn how to deal with terminology and literature relevant to ethics and economics, as well as how to engage in independent, argumentation-based discussion. They reproduce experimental findings in class to allow for an experience-based, in-depth discussion of the results.
Language: English
Approved Equivalent: INTS 399
Course URL:
Attachment Files: Morals and Markets Rubric.pdf


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