“How do we put ethics into economics? You might think that it’s already there, but it isn’t. Ethics is conspicuously absent in economic models, and this is not an oversight. It draws on a tradition in economics that markets work best when rational agents all act in their own self-interest.” Noting that ethics can be seen as a last resort, O’Hara and her co-author David Easley explore this issue in their 2023 paper “Financial Market Ethics,” which is featured in the latest edition of Research with Impact.
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