Deconstructing behavior, choice, and well-being: neoclassical choice theory and welfare economics
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cham
palgrave macmillan
[2023]
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | xxvii, 456 Seiten Illustrationen |
| ISBN: | 9783031367113 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV049477790 | ||
| 003 | DE-604 | ||
| 005 | 20250304 | ||
| 007 | t| | ||
| 008 | 231221s2023 xx a||| |||| 00||| eng d | ||
| 020 | |a 9783031367113 |c hbk. |9 978-3-031-36711-3 | ||
| 035 | |a (OCoLC)1422495664 | ||
| 035 | |a (DE-599)BVBBV049477790 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-355 |a DE-11 | ||
| 082 | 0 | |a 330.019 |2 23 | |
| 084 | |a QC 010 |0 (DE-625)141236: |2 rvk | ||
| 084 | |a WIR 000 |2 stub | ||
| 100 | 1 | |a Morey, Edward R. |e Verfasser |0 (DE-588)134261607 |4 aut | |
| 245 | 1 | 0 | |a Deconstructing behavior, choice, and well-being |b neoclassical choice theory and welfare economics |c Edward R. Morey |
| 264 | 1 | |a Cham |b palgrave macmillan |c [2023] | |
| 264 | 4 | |c © 2023 | |
| 300 | |a xxvii, 456 Seiten |b Illustrationen | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 4 | |a Behavioral Economics | |
| 650 | 4 | |a Social Choice and Welfare | |
| 650 | 4 | |a Behavioral Sciences and Psychology | |
| 650 | 4 | |a Economics / Psychological aspects | |
| 650 | 4 | |a Social choice | |
| 650 | 4 | |a Welfare economics | |
| 650 | 4 | |a Psychology | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-3-031-36712-0 |w (DE-604)BV049442599 |
| 856 | 4 | 2 | |m Digitalisierung UB Regensburg - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=034823278&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-034823278 | |
Record in the Search Index
| _version_ | 1825683673587908608 |
|---|---|
| adam_text |
Contents 1 Introduction References and Sources 1 11 Part I Neoclassical Choice Theory and Welfare Economics 2 Economicus: Assumptions of a Neoclassical Theory of Behavior and Their Implications—My Take 15 The Goal of a Theory of Behavior Is to Explain the Behavior of Individual Entities: Tlje Sequence of Paths Each Will Experience A Neoclassical Behavior Theory (NBT) WB-Comparable and WB-Commensurable Cardinal IV’B? Implications of NBT (Assumptions 1-9) Expected Utility Theory, EUT, Is a Restrictive Case of NBT (Assumptions 1-9) What Else Has Been Presupposed (Implicitly Assumed)? What, if Any, Additional Assumptions Would Той Want to Add? Thoughts About NBT Plus So, What to Say About an Economicus, a Person or Thing that Follows the Rules? 15 19 40 46 46 48 50 54 62 xi
XÜ CONTENTS Home-Economicus Is a Western Sort of Guy Do Any Economici Exist, or Are Tiny Mythical Creatures? And Does It Matter? References and Sources 3 4 What’s More Likely? Economicus Was Created by Evolution or by God Evolution Is Driven by the Survival of Genes, Not Their Containers Evolution, Typically Incremental, Gravitates Toward a Local Best Rather Than the Bestest Best (the Global Best) NCT Emerged and Developed in Nineteenth and Early Twentieth-Century Britain, a Christian Creationist World Where Man Was Unique and in God's Imaye Creationism and NCTAre Symbiotic Bedfellows References and Sources Welfare (Well-Faring) Economics, Criteria for What Is Right and Wrong: My Take Welfare Economics Is a Method to Test Right from Wrona Welfare Economists Are Consequentialists, Welfare Consequentialists So Much for What Welfare Economists Agree On Welfare Consequentialism (WC), Including Welfare Economics, Scares Moral Philosophers Because Anything Goes If It Increases WB Are Welfare Economists Utilitarians? Besides Not Being Utilitarians (Benthamite, Rule, or Preference), Welfare Economists Differ from Other Modern Welfare Consequentialists The Moral Judgments of Regular People: They Don't Ascribe to the Ethics of Welfare Economics Additional Evidence That People Are Not Welfare Consequentialists: Trolley Problems Conclusions and Qualifications References and Sources 63 66 73 ~3 74 “b ~~ 1~ 79 NO S2 S9 94 ^b 1 05 1 06 1 10 ] 11 112
CONTENTS xiii Part II Wanting, Liking, Well-Being, and Incommensurability 5 From Aristotelian to Modern Happiness: Eudaimonia to Hedonic Hotspots 121 A Brief History of Happiness and WB The Pre-Enlightenment Western View of Happiness Why Does Society Care Whether Ton Are Happy? The Enlightenment and the Reactions to It An Eastern View The Late Nineteenth-Century View(s) of Happiness Modern Happiness: A Chemical State of Mind Happiness is a Brain State Dualists and Materialists So, What Is a Brain on Happiness? Tour Brain in a Nutshell Neurologists, Like Economists, Model Behavior Choosing/Seeking, Pleasure, and the Mesolimbic Dopamine System Wanting Versus Liking The Wanting/Liking Disagreement: The Incentive-Salience Hypothesis vs. The Reward-Prediction Error Hypothesis A More Macro View: Pleasures, Emotions, Temperaments, and Happiness Emotional WB Is a Suite of Emotions, But What Is an Emotion? And How Are They formed? Tour Brain in a Mood Pervasive Happiness (a Happy Person) and WB Defining Happiness in Non-biological Ways Is Difficult—But, Like Porn, Той Know It When Той See Most Economists Talk About Preferences, not Happiness or WB Is an Economist Concerned with Policy a WB Doctor? References 6 121 121 123 126 127 129 129 130 132 138 138 142 144 155 155 158 164 165 165 166 167 Docs Consuming More Increase Well-Being? Is Getting Rich the Path to Happiness? 175 The Evidence on the Relationship Between Income and Happiness: The Big Picture 176
xiv CONTENTS Data and Studies on the Relationship Between Income and WB A Bit of History: The EcisterUn Effect/Paradox Measuring WB Time-Series Data and the Difficulties in Determining the Influence of Income At Each Point in Time, the Unemployed Are, on Average, Not as Happy as the Rest of Us One Study in Detail: The Happiness Bump Wien One Looks at Large Data Sets Across Countries and Corrects for Idiosyncrasies Across Them, Average Happiness Increases with Per-Capita Income but Only Slightly The Fifth Finding: Life-Satisfaction 1ΓΒ Increases (and Decreases) with Income And Finally, the Sixth Finding: Both Emotional WB and Life-Satisfaction H’B Are More Sensitive to a Decrease in National Income Titan to an Increase A Hypothesis: Tour WB Is Determined More by Tour Relative Position Than by Tour Absolute Level of Consumption The Relative-Income (Status) Hypothesis Who Do We Compare with? And Do Иг Compare Only in Terms of Income? While Our Happiness Is Influenced bv Our Relative Income, It Is Also Influenced bv Our Relative Position on Other Scales Differences in Happiness, by Income, in the Same Society at a Point in Time Could, in Part, Be the Result of Expectations and Aspirations Comparing to Tour Past and Future Self If Emotional or Life-Satisfaction WB Is Determined by Relative Status, What Would Increase Aggregate WB? Other Data and Theories Suggest Income and Wealth Are Not Major Determinants of Happiness, Nor WB One’s Happiness Has a Set Point from Which It Is, Ixmg Run, Difficult to Deviate? WB Is Created by Doing, Not by Acquiring? 178 178 179 181 182 182 18 3 1
84 1 84 1 85 185 188 189 191 191 192 194 195 198
CONTENTS Decreasing Your Ill-Being by Being Less Reactive References and Sources 7 Returning to Whether All the Different Kinds of Well-Being Are Commensurable and Whether All the Different Bearers of WB Are Comparable More on Why Complete WB-Incommensurability Is Important The Impact of Incompleteness on Behavior and Choice The Impact of Incompleteness on Transitivity The Impact of Incompleteness on Valuing, in Money, a Shift from Path i to Path t Modeling Behavior When the Ordering Is Incomplete WB-Commensurability Requires That All the Kinds of WB Generated by a Bearer Can Be Separated from- the Bearer Kon-Humans vs. Humans A Hawed Argument for Complete WB-Comparability: It’s Circular Two Kinds of WB Are WB-Incommensurable If an Ability to Compare Them Is Incompatible with Experiencing Them The WB Produced by Learning (Acquiring Knowledge) Is WB-Incommensurable with the Kinds of WB Produced by What You Learned About? You Cannot Compare Certain Kinds of WB Because It Is Morally Unacceptable to Even Imagine Such Comparisons? Ecological Economists Accept as Gospel That Complete WB-Commensurability Does Kot Exist Ecological Economists Believe Usât There Are Kinds of WB That Only the Environment Can Produce Ecological Economists Value Ecological Systems (ES), and ES Are Prime Suspects When It Comes to Incommensurabilities If You Have Ko Control over How Much of a Bearer You Experience, You Don’t Compare It with Other Bearers Evolution and WB Comparison Inadequate Processing Skills Saying “Paths i and j Are WBTncomparable” Does Kot Make It So Path Incomparability Is Sometimes
Mandated by Law XV 202 207 215 216 217 218 219 222 223 225 225 227 230 232 233 234 235 237 238 238 238 239
xvi CONTENTS A Few Other Qualms About WB-Commensurability OK, Maybe Some People Cannot WB-Rank All Conceivable Paths, but Who Cares If Most People Сан WB-Rank Their Current Available Paths Neurological Evidence in Support of Comparability and WB-Commensurability Summing Up and Looking Forward References and Sources 239 241 241 244 246 Part III Behavioral Quirks 8 Common Quirks, Incorrect Beliefs, and Flawed Choosing Distinguish Between NBT Violations, Common Quirks. Incorrect Beliefs, Flawed Choosing, and a Wrong Choice Three 4- Common Quirks (Duration Bias. Our Emotional Empathy-Gap, Salience Effects, and a Possible 4th. hick of Empathy for One’s Future Self. What Docs Each Mean for NBT?' ' Duration Bias The Emotional Empathy-Gap Incentive-Salience Effects The Future-Self Empathy-Gap References and Sources 9 The Endowment Effect Does the Endowment Effect Cause FlawedChoosing? Explanations for the Endowment Effect Loss Aversion The Owncrship/Sclf Explanation for the Endowment Effect The Endowment Effect: Summing Up A Few Thoughts on Modeling the Common Quirks Does NBT Survive the Common Quirks The Common Quirks, Ethics, and WelfareEconomics Knowledge, Beliefs, Incorrect Beliefs. Subjective Probabilities, and Best Estimates Conscious and Unconscious Mental Processes: Whose Ordering Is It? 253 254 256 25S 265 27’5 2л» 280 2S5 2SS 293 294 296 301 302 304 305 306 307
CONTENTS If I Have an Ordering of Paths, Ain I Consciously Aware of It? Does It Matter Whether I Am Aware of My Ordering? References and Sources Part IV 10 xvii 310 311 311 Choice or the Illusion-Of-Choice? How Would You Define a Choice^ And the Difference Between a Choice and the Experience/Sense of Making a Choice Necessary Conditions for a Situation to Be a Choice? But! Does Choice Require a Choosing Experience? Have Ton Made a Choice Only if Той Feel Той Did? Contrary to What Economists Preach, the NBT Assumptions Seem to Make Choice Impossible? Economists Assert That Economics Make Choices Economists Need to Define Choice in a Way That Makes a Choice Compatible with Their Theory of Behavior (or Drop the Word “Choice”) So, What Is Free Will, and How Does It Relate to Choosing? Doubts About Free Will Go Way Back Definitions of Free Will Fall Along a Continuum Causal Determinism Most Humans Believe Causal Determinism Does Not Apply to Humans So, Is Choice Consistent with Causal Determinism? Compatibilists and Incompatibilists Most Neuroscientists and Physicists Are Incompatibilists, Rejecting Free Will and Choice Wbat Arc Philosophers? Many Are Deterministic Compatibilists Do Regular People Think Choice Is Consistent with Causal Determinism? WTy Do He All Feel and Believe We Have Free Will and Make Choices? Two Reasons to Believe We Have Free Will and Make Choices A Bit on Causality and Logic Events II and III—and Choice References and Sources 319 319 320 320 320 321 321 322 324 326 327 328 329 329 330 332 332 332 333 334
xviii 11 CONTENTS The Evidence on Conscious Choice The Neurological Evidence: The Libet Experiment So, Do the Libet and Eelated Findings Imply Ή/at Conscious Thought, Including the Choosing Experience, Does Not Affect Behavior? Imagine if One Never Has Choosing Experiences Other Evidence on Choosing Experiences and Subsequent Actions Let’s Start with Most of What Ик Do Isn't Preceded by Conscious Choosing A: Believing We Had a Choosing Experience When Ик Didn’t B: Believing the Choosing Experience Caused What Hk Did C: Believing Той Caused It When Той Didn't, and Believing Той Didn't When Той Did D: Believing the Outcome Is Dijferent from What It Is Summarizing References and Sources 337 33S 345 345 34 G 347 34' 34 X 350 354 PartV Most Moral Philosophers Are Not Welfare Consequentialists, so What Are They? 12 A Primer on Welfare Economics vs. Other Ethics Processists vs. Consequentialists Consider the Role of WB in Dijferent Ethics Should All Types of WB Count Whose Welfare Counts (Who Gets Moral Standing)? Is Buddhist Ethics Welfare Economics for an Economicus Who Suffers from the Quirks? John Stuart Mill: A Backward-Looking Utilitarian and a Forward-Looking Liberalist Utilities Mill, the Utilitarian? Freedom to Choose: Liberace Mill and Liberalism Neither Enjoyment, Suffering, nor Freedom is Primary (Deontological/duty Ethics) Kantian Ethics: The Universality Principle and More My Rights (and Tour Duty to Uphold Mv Kights) ЗбЗ 365 36" ЗбХ 30 371 37o 37o 379 383 3S4 3X9
CONTENTS The Word of God, or the Supreme Leader The Will of Nature Virtue Ethics Evolutionary Morality Theory Contract Morality (Contractualism) Ethics Based on Group Rights, Things Having Rights, and Inherent Value All This Said About Ethics: References XIX 392 393 394 395 396 397 401 402 13 A Bit More on Welfare Economics, External Effects, and Interpersonal Comparisons of Well-Being 407 The Ethical Goal of Welfare Economics is Maximizing Societal WB, not Achieving Efficiency 408 But Doesn’t Welfare Economics Imply That Unregulated Competitive Markets Are the Right Mechanism for Allocating Resources and Distributing Goods and Services? 409 External Effects Caused by Relative-Position Effects and by Abhorrent Behaviors 412 What If He Add Common Quirks, Incorrect Beliefs, Violations of NBT Assumptions, and Elawed Choosing? 414 The Practical Value of Welfare Economics Is Limited Because It Refuses to Compare My WB with Tours or Even Accept That They Are Comparable 414 The Default to an Efficiency Criterion: The Big Switcharoo 415 WB Is Cardinal 416 Interpersonal WB Comparisons Are Making a Comeback Among Economic Ethicists: Rawls, Sen, and Dasgupta 417 Rawls 417 Sen 420 Dasgupta 421 References and Sources 423 14 Epilogue: Do You Make Choices, and if so, Has Your Choosing Made You Happy? 425 Additional Readings 429 Index 431 |
| adam_txt |
Contents 1 Introduction References and Sources 1 11 Part I Neoclassical Choice Theory and Welfare Economics 2 Economicus: Assumptions of a Neoclassical Theory of Behavior and Their Implications—My Take 15 The Goal of a Theory of Behavior Is to Explain the Behavior of Individual Entities: Tlje Sequence of Paths Each Will Experience A Neoclassical Behavior Theory (NBT) WB-Comparable and WB-Commensurable Cardinal IV’B? Implications of NBT (Assumptions 1-9) Expected Utility Theory, EUT, Is a Restrictive Case of NBT (Assumptions 1-9) What Else Has Been Presupposed (Implicitly Assumed)? What, if Any, Additional Assumptions Would Той Want to Add? Thoughts About NBT Plus So, What to Say About an Economicus, a Person or Thing that Follows the Rules? 15 19 40 46 46 48 50 54 62 xi
XÜ CONTENTS Home-Economicus Is a Western Sort of Guy Do Any Economici Exist, or Are Tiny Mythical Creatures? And Does It Matter? References and Sources 3 4 What’s More Likely? Economicus Was Created by Evolution or by God Evolution Is Driven by the Survival of Genes, Not Their Containers Evolution, Typically Incremental, Gravitates Toward a Local Best Rather Than the Bestest Best (the Global Best) NCT Emerged and Developed in Nineteenth and Early Twentieth-Century Britain, a Christian Creationist World Where Man Was Unique and in God's Imaye Creationism and NCTAre Symbiotic Bedfellows References and Sources Welfare (Well-Faring) Economics, Criteria for What Is Right and Wrong: My Take Welfare Economics Is a Method to Test Right from Wrona Welfare Economists Are Consequentialists, Welfare Consequentialists So Much for What Welfare Economists Agree On Welfare Consequentialism (WC), Including Welfare Economics, Scares Moral Philosophers Because Anything Goes If It Increases WB Are Welfare Economists Utilitarians? Besides Not Being Utilitarians (Benthamite, Rule, or Preference), Welfare Economists Differ from Other Modern Welfare Consequentialists The Moral Judgments of Regular People: They Don't Ascribe to the Ethics of Welfare Economics Additional Evidence That People Are Not Welfare Consequentialists: Trolley Problems Conclusions and Qualifications References and Sources 63 66 73 ~3 74 “b ~~ 1~ 79 NO S2 S9 94 ^b 1 05 1 06 1 10 ] 11 112
CONTENTS xiii Part II Wanting, Liking, Well-Being, and Incommensurability 5 From Aristotelian to Modern Happiness: Eudaimonia to Hedonic Hotspots 121 A Brief History of Happiness and WB The Pre-Enlightenment Western View of Happiness Why Does Society Care Whether Ton Are Happy? The Enlightenment and the Reactions to It An Eastern View The Late Nineteenth-Century View(s) of Happiness Modern Happiness: A Chemical State of Mind Happiness is a Brain State Dualists and Materialists So, What Is a Brain on Happiness? Tour Brain in a Nutshell Neurologists, Like Economists, Model Behavior Choosing/Seeking, Pleasure, and the Mesolimbic Dopamine System Wanting Versus Liking The Wanting/Liking Disagreement: The Incentive-Salience Hypothesis vs. The Reward-Prediction Error Hypothesis A More Macro View: Pleasures, Emotions, Temperaments, and Happiness Emotional WB Is a Suite of Emotions, But What Is an Emotion? And How Are They formed? Tour Brain in a Mood Pervasive Happiness (a Happy Person) and WB Defining Happiness in Non-biological Ways Is Difficult—But, Like Porn, Той Know It When Той See Most Economists Talk About Preferences, not Happiness or WB Is an Economist Concerned with Policy a WB Doctor? References 6 121 121 123 126 127 129 129 130 132 138 138 142 144 155 155 158 164 165 165 166 167 Docs Consuming More Increase Well-Being? Is Getting Rich the Path to Happiness? 175 The Evidence on the Relationship Between Income and Happiness: The Big Picture 176
xiv CONTENTS Data and Studies on the Relationship Between Income and WB A Bit of History: The EcisterUn Effect/Paradox Measuring WB Time-Series Data and the Difficulties in Determining the Influence of Income At Each Point in Time, the Unemployed Are, on Average, Not as Happy as the Rest of Us One Study in Detail: The Happiness Bump Wien One Looks at Large Data Sets Across Countries and Corrects for Idiosyncrasies Across Them, Average Happiness Increases with Per-Capita Income but Only Slightly The Fifth Finding: Life-Satisfaction 1ΓΒ Increases (and Decreases) with Income And Finally, the Sixth Finding: Both Emotional WB and Life-Satisfaction H’B Are More Sensitive to a Decrease in National Income Titan to an Increase A Hypothesis: Tour WB Is Determined More by Tour Relative Position Than by Tour Absolute Level of Consumption The Relative-Income (Status) Hypothesis Who Do We Compare with? And Do Иг Compare Only in Terms of Income? While Our Happiness Is Influenced bv Our Relative Income, It Is Also Influenced bv Our Relative Position on Other Scales Differences in Happiness, by Income, in the Same Society at a Point in Time Could, in Part, Be the Result of Expectations and Aspirations Comparing to Tour Past and Future Self If Emotional or Life-Satisfaction WB Is Determined by Relative Status, What Would Increase Aggregate WB? Other Data and Theories Suggest Income and Wealth Are Not Major Determinants of Happiness, Nor WB One’s Happiness Has a Set Point from Which It Is, Ixmg Run, Difficult to Deviate? WB Is Created by Doing, Not by Acquiring? 178 178 179 181 182 182 18 3 1
84 1 84 1 85 185 188 189 191 191 192 194 195 198
CONTENTS Decreasing Your Ill-Being by Being Less Reactive References and Sources 7 Returning to Whether All the Different Kinds of Well-Being Are Commensurable and Whether All the Different Bearers of WB Are Comparable More on Why Complete WB-Incommensurability Is Important The Impact of Incompleteness on Behavior and Choice The Impact of Incompleteness on Transitivity The Impact of Incompleteness on Valuing, in Money, a Shift from Path i to Path t Modeling Behavior When the Ordering Is Incomplete WB-Commensurability Requires That All the Kinds of WB Generated by a Bearer Can Be Separated from- the Bearer Kon-Humans vs. Humans A Hawed Argument for Complete WB-Comparability: It’s Circular Two Kinds of WB Are WB-Incommensurable If an Ability to Compare Them Is Incompatible with Experiencing Them The WB Produced by Learning (Acquiring Knowledge) Is WB-Incommensurable with the Kinds of WB Produced by What You Learned About? You Cannot Compare Certain Kinds of WB Because It Is Morally Unacceptable to Even Imagine Such Comparisons? Ecological Economists Accept as Gospel That Complete WB-Commensurability Does Kot Exist Ecological Economists Believe Usât There Are Kinds of WB That Only the Environment Can Produce Ecological Economists Value Ecological Systems (ES), and ES Are Prime Suspects When It Comes to Incommensurabilities If You Have Ko Control over How Much of a Bearer You Experience, You Don’t Compare It with Other Bearers Evolution and WB Comparison Inadequate Processing Skills Saying “Paths i and j Are WBTncomparable” Does Kot Make It So Path Incomparability Is Sometimes
Mandated by Law XV 202 207 215 216 217 218 219 222 223 225 225 227 230 232 233 234 235 237 238 238 238 239
xvi CONTENTS A Few Other Qualms About WB-Commensurability OK, Maybe Some People Cannot WB-Rank All Conceivable Paths, but Who Cares If Most People Сан WB-Rank Their Current Available Paths Neurological Evidence in Support of Comparability and WB-Commensurability Summing Up and Looking Forward References and Sources 239 241 241 244 246 Part III Behavioral Quirks 8 Common Quirks, Incorrect Beliefs, and Flawed Choosing Distinguish Between NBT Violations, Common Quirks. Incorrect Beliefs, Flawed Choosing, and a Wrong Choice Three 4- Common Quirks (Duration Bias. Our Emotional Empathy-Gap, Salience Effects, and a Possible 4th. hick of Empathy for One’s Future Self. What Docs Each Mean for NBT?' ' Duration Bias The Emotional Empathy-Gap Incentive-Salience Effects The Future-Self Empathy-Gap References and Sources 9 The Endowment Effect Does the Endowment Effect Cause FlawedChoosing? Explanations for the Endowment Effect Loss Aversion The Owncrship/Sclf Explanation for the Endowment Effect The Endowment Effect: Summing Up A Few Thoughts on Modeling the Common Quirks Does NBT Survive the Common Quirks The Common Quirks, Ethics, and WelfareEconomics Knowledge, Beliefs, Incorrect Beliefs. Subjective Probabilities, and Best Estimates Conscious and Unconscious Mental Processes: Whose Ordering Is It? 253 254 256 25S 265 27’5 2л» 280 2S5 2SS 293 294 296 301 302 304 305 306 307
CONTENTS If I Have an Ordering of Paths, Ain I Consciously Aware of It? Does It Matter Whether I Am Aware of My Ordering? References and Sources Part IV 10 xvii 310 311 311 Choice or the Illusion-Of-Choice? How Would You Define a Choice^ And the Difference Between a Choice and the Experience/Sense of Making a Choice Necessary Conditions for a Situation to Be a Choice? But! Does Choice Require a Choosing Experience? Have Ton Made a Choice Only if Той Feel Той Did? Contrary to What Economists Preach, the NBT Assumptions Seem to Make Choice Impossible? Economists Assert That Economics Make Choices Economists Need to Define Choice in a Way That Makes a Choice Compatible with Their Theory of Behavior (or Drop the Word “Choice”) So, What Is Free Will, and How Does It Relate to Choosing? Doubts About Free Will Go Way Back Definitions of Free Will Fall Along a Continuum Causal Determinism Most Humans Believe Causal Determinism Does Not Apply to Humans So, Is Choice Consistent with Causal Determinism? Compatibilists and Incompatibilists Most Neuroscientists and Physicists Are Incompatibilists, Rejecting Free Will and Choice Wbat Arc Philosophers? Many Are Deterministic Compatibilists Do Regular People Think Choice Is Consistent with Causal Determinism? WTy Do He All Feel and Believe We Have Free Will and Make Choices? Two Reasons to Believe We Have Free Will and Make Choices A Bit on Causality and Logic Events II and III—and Choice References and Sources 319 319 320 320 320 321 321 322 324 326 327 328 329 329 330 332 332 332 333 334
xviii 11 CONTENTS The Evidence on Conscious Choice The Neurological Evidence: The Libet Experiment So, Do the Libet and Eelated Findings Imply Ή/at Conscious Thought, Including the Choosing Experience, Does Not Affect Behavior? Imagine if One Never Has Choosing Experiences Other Evidence on Choosing Experiences and Subsequent Actions Let’s Start with Most of What Ик Do Isn't Preceded by Conscious Choosing A: Believing We Had a Choosing Experience When Ик Didn’t B: Believing the Choosing Experience Caused What Hk Did C: Believing Той Caused It When Той Didn't, and Believing Той Didn't When Той Did D: Believing the Outcome Is Dijferent from What It Is Summarizing References and Sources 337 33S 345 345 34 G 347 34' 34 X 350 354 PartV Most Moral Philosophers Are Not Welfare Consequentialists, so What Are They? 12 A Primer on Welfare Economics vs. Other Ethics Processists vs. Consequentialists Consider the Role of WB in Dijferent Ethics Should All Types of WB Count Whose Welfare Counts (Who Gets Moral Standing)? Is Buddhist Ethics Welfare Economics for an Economicus Who Suffers from the Quirks? John Stuart Mill: A Backward-Looking Utilitarian and a Forward-Looking Liberalist Utilities Mill, the Utilitarian? Freedom to Choose: Liberace Mill and Liberalism Neither Enjoyment, Suffering, nor Freedom is Primary (Deontological/duty Ethics) Kantian Ethics: The Universality Principle and More My Rights (and Tour Duty to Uphold Mv Kights) ЗбЗ 365 36" ЗбХ 30 371 37o 37o 379 383 3S4 3X9
CONTENTS The Word of God, or the Supreme Leader The Will of Nature Virtue Ethics Evolutionary Morality Theory Contract Morality (Contractualism) Ethics Based on Group Rights, Things Having Rights, and Inherent Value All This Said About Ethics: References XIX 392 393 394 395 396 397 401 402 13 A Bit More on Welfare Economics, External Effects, and Interpersonal Comparisons of Well-Being 407 The Ethical Goal of Welfare Economics is Maximizing Societal WB, not Achieving Efficiency 408 But Doesn’t Welfare Economics Imply That Unregulated Competitive Markets Are the Right Mechanism for Allocating Resources and Distributing Goods and Services? 409 External Effects Caused by Relative-Position Effects and by Abhorrent Behaviors 412 What If He Add Common Quirks, Incorrect Beliefs, Violations of NBT Assumptions, and Elawed Choosing? 414 The Practical Value of Welfare Economics Is Limited Because It Refuses to Compare My WB with Tours or Even Accept That They Are Comparable 414 The Default to an Efficiency Criterion: The Big Switcharoo 415 WB Is Cardinal 416 Interpersonal WB Comparisons Are Making a Comeback Among Economic Ethicists: Rawls, Sen, and Dasgupta 417 Rawls 417 Sen 420 Dasgupta 421 References and Sources 423 14 Epilogue: Do You Make Choices, and if so, Has Your Choosing Made You Happy? 425 Additional Readings 429 Index 431 |
| any_adam_object | 1 |
| any_adam_object_boolean | 1 |
| author | Morey, Edward R. |
| author_GND | (DE-588)134261607 |
| author_facet | Morey, Edward R. |
| author_role | aut |
| author_sort | Morey, Edward R. |
| author_variant | e r m er erm |
| building | Verbundindex |
| bvnumber | BV049477790 |
| classification_rvk | QC 010 |
| classification_tum | WIR 000 |
| ctrlnum | (OCoLC)1422495664 (DE-599)BVBBV049477790 |
| dewey-full | 330.019 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.019 |
| dewey-search | 330.019 |
| dewey-sort | 3330.019 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 c 4500</leader><controlfield tag="001">BV049477790</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20250304</controlfield><controlfield tag="007">t|</controlfield><controlfield tag="008">231221s2023 xx a||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9783031367113</subfield><subfield code="c">hbk.</subfield><subfield code="9">978-3-031-36711-3</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1422495664</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV049477790</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-355</subfield><subfield code="a">DE-11</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">330.019</subfield><subfield code="2">23</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QC 010</subfield><subfield code="0">(DE-625)141236:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">WIR 000</subfield><subfield code="2">stub</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Morey, Edward R.</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)134261607</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Deconstructing behavior, choice, and well-being</subfield><subfield code="b">neoclassical choice theory and welfare economics</subfield><subfield code="c">Edward R. Morey</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cham</subfield><subfield code="b">palgrave macmillan</subfield><subfield code="c">[2023]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">© 2023</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xxvii, 456 Seiten</subfield><subfield code="b">Illustrationen</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Behavioral Economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Social Choice and Welfare</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Behavioral Sciences and Psychology</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics / Psychological aspects</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Social choice</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Welfare economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Psychology</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">978-3-031-36712-0</subfield><subfield code="w">(DE-604)BV049442599</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Regensburg - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=034823278&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-034823278</subfield></datafield></record></collection> |
| id | DE-604.BV049477790 |
| illustrated | Illustrated |
| index_date | 2024-07-03T23:17:47Z |
| indexdate | 2025-03-04T17:00:29Z |
| institution | BVB |
| isbn | 9783031367113 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034823278 |
| oclc_num | 1422495664 |
| open_access_boolean | |
| owner | DE-355 DE-BY-UBR DE-11 |
| owner_facet | DE-355 DE-BY-UBR DE-11 |
| physical | xxvii, 456 Seiten Illustrationen |
| publishDate | 2023 |
| publishDateSearch | 2023 |
| publishDateSort | 2023 |
| publisher | palgrave macmillan |
| record_format | marc |
| spelling | Morey, Edward R. Verfasser (DE-588)134261607 aut Deconstructing behavior, choice, and well-being neoclassical choice theory and welfare economics Edward R. Morey Cham palgrave macmillan [2023] © 2023 xxvii, 456 Seiten Illustrationen txt rdacontent n rdamedia nc rdacarrier Behavioral Economics Social Choice and Welfare Behavioral Sciences and Psychology Economics / Psychological aspects Social choice Welfare economics Psychology Erscheint auch als Online-Ausgabe 978-3-031-36712-0 (DE-604)BV049442599 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=034823278&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Morey, Edward R. Deconstructing behavior, choice, and well-being neoclassical choice theory and welfare economics Behavioral Economics Social Choice and Welfare Behavioral Sciences and Psychology Economics / Psychological aspects Social choice Welfare economics Psychology |
| title | Deconstructing behavior, choice, and well-being neoclassical choice theory and welfare economics |
| title_auth | Deconstructing behavior, choice, and well-being neoclassical choice theory and welfare economics |
| title_exact_search | Deconstructing behavior, choice, and well-being neoclassical choice theory and welfare economics |
| title_exact_search_txtP | Deconstructing Behavior, Choice, and Well-being Neoclassical Choice Theory and Welfare Economics |
| title_full | Deconstructing behavior, choice, and well-being neoclassical choice theory and welfare economics Edward R. Morey |
| title_fullStr | Deconstructing behavior, choice, and well-being neoclassical choice theory and welfare economics Edward R. Morey |
| title_full_unstemmed | Deconstructing behavior, choice, and well-being neoclassical choice theory and welfare economics Edward R. Morey |
| title_short | Deconstructing behavior, choice, and well-being |
| title_sort | deconstructing behavior choice and well being neoclassical choice theory and welfare economics |
| title_sub | neoclassical choice theory and welfare economics |
| topic | Behavioral Economics Social Choice and Welfare Behavioral Sciences and Psychology Economics / Psychological aspects Social choice Welfare economics Psychology |
| topic_facet | Behavioral Economics Social Choice and Welfare Behavioral Sciences and Psychology Economics / Psychological aspects Social choice Welfare economics Psychology |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=034823278&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT moreyedwardr deconstructingbehaviorchoiceandwellbeingneoclassicalchoicetheoryandwelfareeconomics |