Behavioral Ethics investigates why people make the ethical (and unethical) decisions that they do in order to gain insights into how people can improve their ethical decision-making and behavior.
We hate losses about twice as much as we enjoy gains, meaning we are more likely to act unethically to avoid a loss than to secure a gain. This phenomenon is known as loss aversion.
Obedience to authority describes our tendency to please authority figures. We may place too much emphasis on that goal and, consciously or subconsciously, subordinate the goal of acting ethically.
Fundamental attribution error describes how, when judging others’ actions, we tend to give too much causal weight to their character and not enough to the circumstances in which they acted.
Tangible and abstract describes how we react more to vivid, immediate inputs than to ones removed in time and space, meaning we can pay insufficient attention to the adverse consequences our actions have on others.
Conflict of interest arises when we have incentives that conflict with our professional duties and responsibilities in ways that harm others and society.