Behavioral Economics and Bioethics A Journey
This book takes readers on a journey through the wide universe of bioethics, raising the following question: what is the proper attitude towards health, life, and death from the perspective of contemporary behavioral economics? Drawing on fields as divers
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BEHAVIORAL ECONOMICS AND BIOETHICS A Journey
Li Way Lee
Palgrave Advances in Behavioral Economics Series Editor John Tomer Co-Editor, Journal of Socio-Economics Department of Economics & Finance Manhattan College Riverdale, NY, USA
This ground breaking series is designed to make available in book form unique behavioral economic contributions. It provides a publishing opportunity for behavioral economist authors who have a novel perspective and have developed a special ability to integrate economics with other disciplines. It will allow these authors to fully develop their ideas. In general, it is not a place for narrow technical contributions. Theoretical/conceptual, empirical, and policy contributions are all welcome. More information about this series at http://www.palgrave.com/gp/series/14720
Li Way Lee
Behavioral Economics and Bioethics A Journey
Li Way Lee Wayne State University Detroit, MI, USA
Palgrave Advances in Behavioral Economics ISBN 978-3-319-89778-3 ISBN 978-3-319-89779-0 (eBook) https://doi.org/10.1007/978-3-319-89779-0 Library of Congress Control Number: 2018938323 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © nemesis2207/Fotolia.co.uk Printed on acid-free paper This Palgrave Pivot imprint is published by the registered company Springer International Publishing AG part of Springer Nature The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
Grace Loo (MD, Shanghai Medical School) inspired me to take this journey. A long time ago, when I noticed that she was seeing some patients for free, I would ask her how much money she could make on that day. She would look at me in the eye and say: “Only so much as to buy food for the family.” In those days, that meant 80 Taiwanese yens, or about 2 American dol
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