Economic analysis, moral philosophy, and public policy:
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge [u.a.]
Cambridge Univ. Press
2007
|
| Ausgabe: | 2. ed., [Reprint] |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | 1. Aufl. u.d.T.: Hausman, Daniel M.: Economic analysis and moral philosophy Includes bibliographical references and index |
| Beschreibung: | X, 342 S. graph. Darst. |
| ISBN: | 9780521846295 9780521608664 |
Internformat
MARC
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| 245 | 1 | 0 | |a Economic analysis, moral philosophy, and public policy |c Daniel M. Hausman ; Michael S. McPherson |
| 250 | |a 2. ed., [Reprint] | ||
| 264 | 1 | |a Cambridge [u.a.] |b Cambridge Univ. Press |c 2007 | |
| 300 | |a X, 342 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
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| 338 | |b nc |2 rdacarrier | ||
| 500 | |a 1. Aufl. u.d.T.: Hausman, Daniel M.: Economic analysis and moral philosophy | ||
| 500 | |a Includes bibliographical references and index | ||
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| 650 | 7 | |a Theorie |2 stw | |
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| 650 | 7 | |a Wirtschaftsethik |2 stw | |
| 650 | 7 | |a Wirtschaftstheorie |2 stw | |
| 650 | 7 | |a Wirtschaftswissenschaft |2 stw | |
| 650 | 4 | |a Ethik | |
| 650 | 4 | |a Wirtschaft | |
| 650 | 4 | |a Economics |x Moral and ethical aspects | |
| 650 | 4 | |a Ethics | |
| 650 | 4 | |a Public policy | |
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Datensatz im Suchindex
| _version_ | 1811027030671622144 |
|---|---|
| adam_text |
Contents
Preface
page
ix
INTRODUCTION
1
1
Ethics and Economics?
3
1.1
What Are Moral Questions and How Can They Be
Answered?
4
1.2
How Is Moral Philosophy Relevant to Economics?
8
1.3
Organization
10
2
Ethics in Welfare Economics: Two Examples
12
2.1
A Shocking Memorandum
12
2.2
Eight Distinctive Features of Welfare Economics
13
2.3
The Economic Benefits of Exporting Pollution to LDCs
16
2.4
Summers's Argument and a Further Feature of Welfare
Economics
17
2.5
Is Summers Right? Should the World Bank Encourage
Migration of Dirty Industries to LDC s?
20
2.6
School Vouchers
23
2.7
Conclusions
29
3
Ethics in Positive Economics: Two Examples
30
3.1
Is Unemployment Involuntary?
31
3.2
Overlapping Generations
38
3.3
Conclusions
41
I RATIONALITY AND MORALITY
43
4
Rationality
45
4.1
Certainty and Ordinal Utility Theory
46
4.2
Expected Utility Theory
51
4.3
Questions about Utility Theory
55
j
Contents
ι
Rationality in Positive and Normative Economics
5.1
Rationality and Positive Economics
5.2
Preference Satisfaction and Pareto Efficiency
5.3
Rationality and Ethics in Positive Economics 67
5.4
Self-Interest and Moral Motivation 72
5.5
Conclusions
6
Rationality, Norms, and Morality 78
6.1
Rationality and Self-interest 79
6.2
The Influence of Moral Norms on Economic Behavior
80
6.3
How Do Norms Motivate and What Sustains Them? 85
6.4
Philosophical Implications °9
6.5
Morality and Utility Theory 91
6.6
Conclusion: On the Rationality of Morality 94
II WELFARE AND CONSEQUENCES
97
7
Utilitarianism and Consequentialism
"
7.1
Clarifying Utilitarianism
Ю0
7.2
Interpersonal Comparisons of Well-Being 1°4
7.3
Justifying Utilitarianism
107
7.4
Contemporary Consequentialism
Ю9
7.5
Is Utilitarianism Plausible?
112
7.6
Consequentialism and Deontology
113
7.7
Conclusion: Should Economists Embrace Utilitarianism?
116
8
Welfare
118
8.1
Theories of Well-Being
119
8.2
Is the Standard View of Welfare Plausible?
120
8.3
Equating Well-Being and Preference Satisfaction
122
8.3.1
Changing and Conflicting Preferences and
Preferences Based on False Beliefs
123
8.3.2
Assessing Preferences
125
8.4
Modifying the Preference Satisfaction View
128
8.5
Alternative Theories of Welfare
129
8.6
Conclusions
133
9
Efficiency
135
9.1
"Efficiency" as Pareto Optimality
136
9.2
How Welfare Economics Narrows Normative Questions
140
9.3
Cost-Benefit Analysis
144
9.4
Objections to Cost-Benefit Analysis
147
9.5
Cost-Benefit Analysis as a Social Practice
151
9.6
Conclusion: Welfare Economics in Limbo
152
Contents
vii
III LIBERTY,
RIGHTS, EQUALITY, AND JUSTICE
157
10
Liberty, Rights, and Libertarianism
159
10.1
Freedom
160
10.2
What Are Rights?
163
10.3
The Importance of Rights
164
10.4
The Justification of Rights
166
10.5
Weighing Rights, Liberties, and Welfare
167
10.6
Libertarianism
168
11
Equality and Egalitarianism
174
11.1
Why Equalize?
177
11.1.1
Equality Is Intrinsically Good
178
11.1.2
Equality and Priority for the Worst-Off
179
11.1.3
Intrinsic Connections between Equality and
Other Ends
181
11.2
Equality of What?
183
11.2.1
Equality of Welfare
184
11.2.2
Equality of Resources
185
11.2.3
Equality of Opportunity for Welfare
190
11.2.4
Equality of Capabilities
191
11.3
Complex Equality and Equality of Moral Status
192
11.4
The Measurement and Importance of Inequality
195
12
Justice and Contractualism
198
12.1
The Social Contract Idea
199
12.2
Justice as Reciprocity: Rawls's Theory of Justice
201
12.2.1
Contractualism and the Original Position
202
12.2.2
Rawls's Principles of Justice
203
12.2.3
Implications of Rawls's Principles
206
12.2.4
Justice and Pluralism
207
12.3
Justice as Mutual Advantage: David
Gauthier
209
12.4
Other Contractualist Views
211
12.5
Conclusion: Social Contract Reasoning and Economics
212
IV MORAL MATHEMATICS
215
13
Social Choice Theory
217
13.1
The Social Welfare Function and Arrow's Theorem
217
13.2
The Interpretation of Arrow's Theorem
220
13.3
Social Choice Theory and Moral Philosophy
222
13.4
The Paradox of the
Paretian
Liberal
225
13.5
The Range of Social Choice Theory
228
13.5.1
The Logical Coherence of Social Judgments
228
13.5.2
Formal Representations of Freedom and
Opportunity
228
viii Contents
13.5.3
Should Egalitarians Aim to Equalize Welfare?
230
13.6
Conclusions
234
14
Game Theory
14.1
What Is a Game? 239
14.2
Moral Philosophy and Some Simple Games ^
14.3
Cooperation and Justice
14.4
Paradoxes and Difficulties
14.5
Bargaining Theory and the Social Contract
257
CONCLUSIONS
15
Pollution Transfers and School Vouchers: Normative
Economics Reconsidered
15.1
Do Vouchers and Pollution Transfers Make People
Better-Off?
261
15.2
A Utilitarian Perspective on Pollution Transfers
15.3
Other Ways of Evaluating Vouchers and Pollution
Transfers
15.3.1
Rights, Freedoms, Pollution, and Vouchers
267
15.3.2
Equality, Pollution, and Vouchers 268
15.3.3
Justice, Pollution, and Vouchers 2
15.4
Conclusions 272
16
Economics and Ethics, Hand in Hand 27
16.1
Involuntary Unemployment and Moral Baselines
274
16.2
The Overlapping Generations Example
278
16.3
Pressing Problems 279
16.3.1
Ethnic and Religious Conflict 281
16.3.2
Global Inequalities 283
16.3.3
Environmental Protection and Global Warming
285
16.4
Conclusions
289
Appendix: How Could Ethics Matter to Economics?
291
A.I Objection
1:
Economists as Engineers
292
A.2 Objection
2:
Positive Economics
к
Value Free
295
A.2.1 Positive and Normative Economics
296
A.2.2 On the Independence of Ethics and Economics
297
A.3 The Rationality of Normative Inquiry
297
A.4 How Knowing Ethics Contributes to Positive Economics
299
A.5 Conclusions
306
Gfossary
309
References
315
Index
335 |
| adam_txt |
Contents
Preface
page
ix
INTRODUCTION
1
1
Ethics and Economics?
3
1.1
What Are Moral Questions and How Can They Be
Answered?
4
1.2
How Is Moral Philosophy Relevant to Economics?
8
1.3
Organization
10
2
Ethics in Welfare Economics: Two Examples
12
2.1
A Shocking Memorandum
12
2.2
Eight Distinctive Features of Welfare Economics
13
2.3
The Economic Benefits of Exporting Pollution to LDCs
16
2.4
Summers's Argument and a Further Feature of Welfare
Economics
17
2.5
Is Summers Right? Should the World Bank Encourage
Migration of Dirty Industries to LDC s?
20
2.6
School Vouchers
23
2.7
Conclusions
29
3
Ethics in Positive Economics: Two Examples
30
3.1
Is Unemployment Involuntary?
31
3.2
Overlapping Generations
38
3.3
Conclusions
41
I RATIONALITY AND MORALITY
43
4
Rationality
45
4.1
Certainty and Ordinal Utility Theory
46
4.2
Expected Utility Theory
51
4.3
Questions about Utility Theory
55
j
Contents
ι
Rationality in Positive and Normative Economics
5.1
Rationality and Positive Economics
5.2
Preference Satisfaction and Pareto Efficiency
5.3
Rationality and Ethics in Positive Economics 67
5.4
Self-Interest and Moral Motivation 72
5.5
Conclusions
6
Rationality, Norms, and Morality 78
6.1
Rationality and Self-interest 79
6.2
The Influence of Moral Norms on Economic Behavior
80
6.3
How Do Norms Motivate and What Sustains Them? 85
6.4
Philosophical Implications °9
6.5
Morality and Utility Theory 91
6.6
Conclusion: On the Rationality of Morality 94
II WELFARE AND CONSEQUENCES
97
7
Utilitarianism and Consequentialism
"
7.1
Clarifying Utilitarianism
Ю0
7.2
Interpersonal Comparisons of Well-Being 1°4
7.3
Justifying Utilitarianism
107
7.4
Contemporary Consequentialism
Ю9
7.5
Is Utilitarianism Plausible?
112
7.6
Consequentialism and Deontology
113
7.7
Conclusion: Should Economists Embrace Utilitarianism?
116
8
Welfare
118
8.1
Theories of Well-Being
119
8.2
Is the Standard View of Welfare Plausible?
120
8.3
Equating Well-Being and Preference Satisfaction
122
8.3.1
Changing and Conflicting Preferences and
Preferences Based on False Beliefs
123
8.3.2
Assessing Preferences
125
8.4
Modifying the Preference Satisfaction View
128
8.5
Alternative Theories of Welfare
129
8.6
Conclusions
133
9
Efficiency
135
9.1
"Efficiency" as Pareto Optimality
136
9.2
How Welfare Economics Narrows Normative Questions
140
9.3
Cost-Benefit Analysis
144
9.4
Objections to Cost-Benefit Analysis
147
9.5
Cost-Benefit Analysis as a Social Practice
151
9.6
Conclusion: Welfare Economics in Limbo
152
Contents
vii
III LIBERTY,
RIGHTS, EQUALITY, AND JUSTICE
157
10
Liberty, Rights, and Libertarianism
159
10.1
Freedom
160
10.2
What Are Rights?
163
10.3
The Importance of Rights
164
10.4
The Justification of Rights
166
10.5
Weighing Rights, Liberties, and Welfare
167
10.6
Libertarianism
168
11
Equality and Egalitarianism
174
11.1
Why Equalize?
177
11.1.1
Equality Is Intrinsically Good
178
11.1.2
Equality and Priority for the Worst-Off
179
11.1.3
Intrinsic Connections between Equality and
Other Ends
181
11.2
Equality of What?
183
11.2.1
Equality of Welfare
184
11.2.2
Equality of Resources
185
11.2.3
Equality of Opportunity for Welfare
190
11.2.4
Equality of Capabilities
191
11.3
Complex Equality and Equality of Moral Status
192
11.4
The Measurement and Importance of Inequality
195
12
Justice and Contractualism
198
12.1
The Social Contract Idea
199
12.2
Justice as Reciprocity: Rawls's Theory of Justice
201
12.2.1
Contractualism and the Original Position
202
12.2.2
Rawls's Principles of Justice
203
12.2.3
Implications of Rawls's Principles
206
12.2.4
Justice and Pluralism
207
12.3
Justice as Mutual Advantage: David
Gauthier
209
12.4
Other Contractualist Views
211
12.5
Conclusion: Social Contract Reasoning and Economics
212
IV MORAL MATHEMATICS
215
13
Social Choice Theory
217
13.1
The Social Welfare Function and Arrow's Theorem
217
13.2
The Interpretation of Arrow's Theorem
220
13.3
Social Choice Theory and Moral Philosophy
222
13.4
The Paradox of the
Paretian
Liberal
225
13.5
The Range of Social Choice Theory
228
13.5.1
The Logical Coherence of Social Judgments
228
13.5.2
Formal Representations of Freedom and
Opportunity
228
viii Contents
13.5.3
Should Egalitarians Aim to Equalize Welfare?
230
13.6
Conclusions
234
14
Game Theory
14.1
What Is a Game? 239
14.2
Moral Philosophy and Some Simple Games ^
14.3
Cooperation and Justice
14.4
Paradoxes and Difficulties
14.5
Bargaining Theory and the Social Contract
257
CONCLUSIONS
15
Pollution Transfers and School Vouchers: Normative
Economics Reconsidered
15.1
Do Vouchers and Pollution Transfers Make People
Better-Off?
261
15.2
A Utilitarian Perspective on Pollution Transfers
15.3
Other Ways of Evaluating Vouchers and Pollution
Transfers
15.3.1
Rights, Freedoms, Pollution, and Vouchers
267
15.3.2
Equality, Pollution, and Vouchers 268
15.3.3
Justice, Pollution, and Vouchers 2
15.4
Conclusions 272
16
Economics and Ethics, Hand in Hand 27
16.1
Involuntary Unemployment and Moral Baselines
274
16.2
The Overlapping Generations Example
278
16.3
Pressing Problems 279
16.3.1
Ethnic and Religious Conflict 281
16.3.2
Global Inequalities 283
16.3.3
Environmental Protection and Global Warming
285
16.4
Conclusions
289
Appendix: How Could Ethics Matter to Economics?
291
A.I Objection
1:
Economists as Engineers
292
A.2 Objection
2:
Positive Economics
к
Value Free
295
A.2.1 Positive and Normative Economics
296
A.2.2 On the Independence of Ethics and Economics
297
A.3 The Rationality of Normative Inquiry
297
A.4 How Knowing Ethics Contributes to Positive Economics
299
A.5 Conclusions
306
Gfossary
309
References
315
Index
335 |
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| author | Hausman, Daniel M. 1947- McPherson, Michael S. 1947- |
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| dewey-hundreds | 100 - Philosophy & psychology |
| dewey-ones | 174 - Occupational ethics |
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| dewey-search | 174 |
| dewey-sort | 3174 |
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| discipline | Philosophie Wirtschaftswissenschaften |
| discipline_str_mv | Philosophie Wirtschaftswissenschaften |
| edition | 2. ed., [Reprint] |
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| id | DE-604.BV035048172 |
| illustrated | Illustrated |
| index_date | 2024-07-02T21:55:33Z |
| indexdate | 2024-09-23T22:19:23Z |
| institution | BVB |
| isbn | 9780521846295 9780521608664 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016716895 |
| oclc_num | 219085027 |
| open_access_boolean | |
| owner | DE-19 DE-BY-UBM DE-355 DE-BY-UBR |
| owner_facet | DE-19 DE-BY-UBM DE-355 DE-BY-UBR |
| physical | X, 342 S. graph. Darst. |
| publishDate | 2007 |
| publishDateSearch | 2007 |
| publishDateSort | 2007 |
| publisher | Cambridge Univ. Press |
| record_format | marc |
| spelling | Hausman, Daniel M. 1947- Verfasser (DE-588)13168258X aut Economic analysis, moral philosophy, and public policy Daniel M. Hausman ; Michael S. McPherson 2. ed., [Reprint] Cambridge [u.a.] Cambridge Univ. Press 2007 X, 342 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier 1. Aufl. u.d.T.: Hausman, Daniel M.: Economic analysis and moral philosophy Includes bibliographical references and index Ethik stw Theorie stw Wirtschaftsethik - Wirtschaftsphilosophie - Wirtschaftstheorie Wirtschaftsethik stw Wirtschaftstheorie stw Wirtschaftswissenschaft stw Ethik Wirtschaft Economics Moral and ethical aspects Ethics Public policy Wirtschaftsphilosophie (DE-588)4066489-2 gnd rswk-swf Ethik (DE-588)4015602-3 gnd rswk-swf Wirtschaftsethik (DE-588)4066439-9 gnd rswk-swf Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Ökonometrie (DE-588)4132280-0 gnd rswk-swf Wirtschaftsethik (DE-588)4066439-9 s Wirtschaftstheorie (DE-588)4079351-5 s Wirtschaftsphilosophie (DE-588)4066489-2 s DE-604 Ethik (DE-588)4015602-3 s 1\p DE-604 Ökonometrie (DE-588)4132280-0 s 2\p DE-604 3\p DE-604 McPherson, Michael S. 1947- Verfasser (DE-588)131682644 aut Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016716895&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Hausman, Daniel M. 1947- McPherson, Michael S. 1947- Economic analysis, moral philosophy, and public policy Ethik stw Theorie stw Wirtschaftsethik - Wirtschaftsphilosophie - Wirtschaftstheorie Wirtschaftsethik stw Wirtschaftstheorie stw Wirtschaftswissenschaft stw Ethik Wirtschaft Economics Moral and ethical aspects Ethics Public policy Wirtschaftsphilosophie (DE-588)4066489-2 gnd Ethik (DE-588)4015602-3 gnd Wirtschaftsethik (DE-588)4066439-9 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd Ökonometrie (DE-588)4132280-0 gnd |
| subject_GND | (DE-588)4066489-2 (DE-588)4015602-3 (DE-588)4066439-9 (DE-588)4079351-5 (DE-588)4132280-0 |
| title | Economic analysis, moral philosophy, and public policy |
| title_auth | Economic analysis, moral philosophy, and public policy |
| title_exact_search | Economic analysis, moral philosophy, and public policy |
| title_exact_search_txtP | Economic analysis, moral philosophy, and public policy |
| title_full | Economic analysis, moral philosophy, and public policy Daniel M. Hausman ; Michael S. McPherson |
| title_fullStr | Economic analysis, moral philosophy, and public policy Daniel M. Hausman ; Michael S. McPherson |
| title_full_unstemmed | Economic analysis, moral philosophy, and public policy Daniel M. Hausman ; Michael S. McPherson |
| title_short | Economic analysis, moral philosophy, and public policy |
| title_sort | economic analysis moral philosophy and public policy |
| topic | Ethik stw Theorie stw Wirtschaftsethik - Wirtschaftsphilosophie - Wirtschaftstheorie Wirtschaftsethik stw Wirtschaftstheorie stw Wirtschaftswissenschaft stw Ethik Wirtschaft Economics Moral and ethical aspects Ethics Public policy Wirtschaftsphilosophie (DE-588)4066489-2 gnd Ethik (DE-588)4015602-3 gnd Wirtschaftsethik (DE-588)4066439-9 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd Ökonometrie (DE-588)4132280-0 gnd |
| topic_facet | Ethik Theorie Wirtschaftsethik - Wirtschaftsphilosophie - Wirtschaftstheorie Wirtschaftsethik Wirtschaftstheorie Wirtschaftswissenschaft Wirtschaft Economics Moral and ethical aspects Ethics Public policy Wirtschaftsphilosophie Ökonometrie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016716895&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT hausmandanielm economicanalysismoralphilosophyandpublicpolicy AT mcphersonmichaels economicanalysismoralphilosophyandpublicpolicy |