Conclusion
Conclusion
A person who is capable of establishing his/her own standard and, through the process of self-constitution, his/her own identity, can realize his/her true potential. This capacity for autonomy also allows one to have dignity. Economists do not seem to value autonomy and dignity when modeling human decision-making owing to their mechanistic conception of the individual, in which his/her choices are entirely dependent on preferences, expectations, and endowments of time and material resources. Hence, true agency or choice has no place in economic models of decision-making. It is time for economists to view the person the way Immanuel Kant did: one who is able to determine his/her own ends and interests in consideration of both preferences and principles.
Keywords: autonomy, dignity, decision-making, individual, preferences, choice, Immanuel Kant, expectations, economic models
Stanford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.
