Switch to: References

Add citations

You must login to add citations.
  1. Valuing Health, Daniel Hausman. Oxford University Press, 2015, Xviii + 267 Pages. [REVIEW]Erik Schokkaert - 2016 - Economics and Philosophy 32 (2):360-366.
  • Economics and Interdisciplinary Exchange in Catholic Social Teaching and “Caritas in Veritate”.Andrew Yuengert - 2011 - Journal of Business Ethics 100 (S1):41-54.
    The social sciences, and particularly economics, play an important role in business. This article reviews the account of the interdisciplinary conversation between Catholic Social Teaching and the social sciences (especially economics) over the last century, and describes Benedict XVI’s development of this account in Caritas in Veritate . Over time the popes recognized that the technical approach of economics was a barrier to fruitful collaboration between economics and Catholic Social Teaching, both because the economic approach is reductionist, and because modern (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   3 citations  
  • Restricting Choices: Decision Making, the Market Society, and the Forgotten Entrepreneur.Gregory Wolcott - 2019 - Journal of Business Ethics 156 (2):293-314.
    Basing their claims on findings in the behavioral sciences that illuminate cognitive deficiencies, scholars spanning multiple disciplines argue that certain features of free market capitalist societies threaten human wellbeing, especially insofar as such societies are marked by a proliferation of consumer choices and incessant demands on decision making. This paper thus attempts three things. First, it outlines the criticisms of the expansive freedoms found in free market societies, based on those findings, in order to provide a reliable overview of the (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark  
  • Hausman and McPherson on Welfare Economics and Preference Satisfaction Theories of Welfare: A Critical Note.Alexander F. Sarch - 2015 - Economics and Philosophy 31 (1):141-159.
    Hausman and McPherson defend welfare economics by claiming that even if welfare does not consist in preference satisfaction, preferences still provide good, if fallible, evidence of welfare. I argue that this strategy does not yet fully solve the problems for welfare economics stemming from the preference satisfaction theory of welfare. More work is needed to show that our self-interested preferences are sufficiently reliable, or in some other sense our best, evidence of well-being. Thus, my aim is to identify the challenges (...)
    Direct download (3 more)  
     
    Export citation  
     
    Bookmark   2 citations  
  • Fact-Value Entanglement in Positive Economics.Julian Reiss - 2017 - Journal of Economic Methodology 24 (2):134-149.
    This paper presents arguments that challenge what I call the fact/value separability thesis: the idea, roughly, that factual judgements can be made independently of judgements of value. I will look at arguments to the effect that facts and values are entangled in the following areas of the scientific process in economics: theory development, economic concept formation, economic modelling, hypothesis testing, and hypothesis acceptance.
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   16 citations  
  • Let Me Save You Some Time... On Valuing Travelers' Time in Urban Transportation.Maria Nordström, Sven Ove Hansson & Muriel Beser Hugosson - 2019 - Essays in Philosophy 20 (2):206-229.
    Systems of urban transportation are largely shaped through planning practices. In transport economics, the benefits of infrastructure investments consist mainly of travel time savings calculated using monetary values of time. The economic interpretation of the value of travel time has significantly shaped our urban environment and transportation schemes. However, there is often an underlying assumption of transferability between time and money, which arguably does not sufficiently take into account the specific features of time. In this paper, we analyze the various (...)
    No categories
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   1 citation  
  • Calculating Qalys: Liberalism and the Value of Health States.Douglas MacKay - 2017 - Economics and Philosophy 33 (2):259-285.
    The value of health states is often understood to depend on their impact on the goodness of people's lives. As such, prominent health states metrics are grounded in particular conceptions of wellbeing – e.g. hedonism or preference satisfaction. In this paper, I consider how liberals committed to the public justification requirement – the requirement that public officials choose laws and policies that are justifiable to their citizens – should evaluate health states. Since the public justification requirement prohibits public officials from (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   2 citations  
  • Präferenzen, Wohlergehen und Rationalität – Zu den begrifflichen Grundlagen des libertären Paternalismus und ihren Konsequenzen für seine Legitimierbarkeit.Andrea Klonschinski & Joachim Wündisch - 2016 - Zeitschrift für Praktische Philosophie 3 (1):599-632.
    Der libertäre Paternalismus genießt in Politik, Wissenschaft und Öffentlichkeit eine große Popularität, die er insbesondere zwei Merkmalen verdankt: Erstens stützt sich der LP auf verhaltensökonomische Ergebnisse, die zeigen, dass individuelle Entscheidungen oft nicht der neoklassischen Rationalitätskonzeption entsprechen, sodass Individuen durch sogenanntes Nudging zu besseren, ihren wahren Präferenzen entsprechenden Entscheidungen verholfen werden könne. Zweites ist damit der Anspruch verbunden, das Wohlergehen der Individuen, wie sie selbst es verstehen, zu erhöhen. Dieser Beitrag zeigt anhand einer dogmengeschichtlichen Analyse der zentralen, dem LP zugrunde (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark  
  • Evidence-Based Policy: The Tension Between the Epistemic and the Normative.Donal Khosrowi & Julian Reiss - 2019 - Critical Review: A Journal of Politics and Society 31 (2):179-197.
    Acceding to the demand that public policy should be based on “the best available evidence” can come at significant moral cost. Important policy questions cannot be addressed using “the best available evidence” as defined by the evidence-based policy paradigm; the paradigm can change the meaning of questions so that they can be addressed using the preferred kind of evidence; and important evidence that does not meet the standard defined by the paradigm can get ignored. We illustrate these problems in three (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   3 citations  
  • Aligning Innovation and Ethics: An Approach to Responsible Innovation Based on Preference Learning.Johann Jakob Häußermann & Fabian Schroth - 2020 - Philosophy of Management 19 (3):349-364.
    New technologies not only contribute greatly to society and the economy; they also involve fundamental societal shifts, challenging our values and ideas about ourselves and the world. With a view to aligning technological change and innovation with ethical values, the concept of responsible innovation advocates the inclusion of a variety of stakeholders, in particular from society. In shifting moral responsibility towards the producers of innovations, responsible innovation rejects the standard normative economic view that the ethical evaluation of innovations is a (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   1 citation  
  • Can an Evidential Account Justify Relying on Preferences for Well-Being Policy?Gil Hersch - 2015 - Journal of Economic Methodology 22 (3):280-291.
    Policy-makers sometimes aim to improve well-being as a policy goal, but to do this they need some way to measure well-being. Instead of relying on potentially problematic theories of well-being to justify their choice of well-being measure, Daniel Hausman proposes that policy-makers can sometimes rely on preference-based measures as evidence for well-being. I claim that Hausman’s evidential account does not justify the use of any one measure more than it justifies the use of any other measure. This leaves us at (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   10 citations  
  • Hedonism and Welfare Economics.Daniel M. Hausman - 2010 - Economics and Philosophy 26 (3):321-344.
    This essay criticizes the proposal recently defended by a number of prominent economists that welfare economics be redirected away from the satisfaction of people's preferences and toward making people happy instead. Although information about happiness may sometimes be of use, the notion of happiness is sufficiently ambiguous and the objections to identifying welfare with happiness are sufficiently serious that welfare economists are better off using preference satisfaction as a measure of welfare. The essay also examines and criticizes the position associated (...)
    Direct download (7 more)  
     
    Export citation  
     
    Bookmark   17 citations  
  • Benevolence, Justice, Well-Being and the Health Gradient.Daniel M. Hausman - 2009 - Public Health Ethics 2 (3):235-243.
    The health gradient among those who are by historical standards both remarkably healthy and well-off is of considerable moral importance with respect to benevolence, justice and the theory of welfare. Indeed it may help us to realize that for most people the good life lies in close and intricate social ties with others which can flourish only when inequalities are limited. The health gradient suggests that there is a story to be told in which egalitarian justice, solidarity, health and well-being (...)
    Direct download (8 more)  
     
    Export citation  
     
    Bookmark   1 citation  
  • Theories of Well-Being and Well-Being Policy: A View From Methodology.Roberto Fumagalli - 2021 - Journal of Economic Methodology 28 (1):124-133.
    In the recent well-being literature, various theory-free accounts of well-being have been proposed to ground informative evaluations of policies’ welfare implications without relying on any specifi...
    Direct download (3 more)  
     
    Export citation  
     
    Bookmark   2 citations  
  • The Futile Search for True Utility.Roberto Fumagalli - 2013 - Economics and Philosophy 29 (3):325-347.
    In traditional decision theory, utility is regarded as a mathematical representation of preferences to be inferred from agents hedonic experiences. Some go as far as to contend that utility is literally computed by specific neural areas and urge economists to complement or substitute their notion of utility with some neuro-psychological construct. In this paper, I distinguish three notions of utility that are frequently mentioned in debates about decision theory and examine some critical issues regarding their definition and measurability. Moreover, I (...)
    Direct download (6 more)  
     
    Export citation  
     
    Bookmark   24 citations  
  • (F)Utility Exposed.Roberto Fumagalli - 2019 - Philosophy of Science 86 (5):955-966.
    In recent years, several authors have called to ground descriptive and normative decision theory on neuro-psychological measures of utility. In this paper, I combine insights from the best available neuro-psychological findings, leading philosophical conceptions of welfare and contemporary decision theory to rebut these prominent calls. I argue for two claims of general interest to philosophers, choice modellers and policy makers. First, severe conceptual, epistemic and evidential problems plague ongoing attempts to develop accurate and reliable neuro-psychological measures of utility. And second, (...)
    Direct download (3 more)  
     
    Export citation  
     
    Bookmark   6 citations  
  • A Reformed Division of Labor for the Science of Well-Being.Roberto Fumagalli - 2022 - Philosophy 97 (4):509-543.
    This paper provides a philosophical assessment of leading theory-based, evidence-based and coherentist approaches to the definition and the measurement of well-being. It then builds on this assessment to articulate a reformed division of labor for the science of well-being and argues that this reformed division of labor can improve on the proffered approaches by combining the most plausible tenets of theory-based approaches with the most plausible tenets of coherentist approaches. This result does not per se exclude the possibility that theory-based (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark  
  • Which Choices Merit Deference? A Comparison of Three Behavioural Proxies of Subjective Welfare.João V. Ferreira - forthcoming - Economics and Philosophy.
    Recently several authors have proposed proxies of welfare that equate some choices with welfare. In this paper, I first distinguish between two prominent proxies: one based on context-independent choices and the other based on reason-based choices. I then propose an original proxy based on choices that individuals state they would want themselves to repeat at the time of the welfare/policy evaluation. I articulate three complementary arguments that, I claim, support confirmed choices as a more reliable proxy of welfare than context-independent (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark  
  • Deconstructing the Argument for Free Trade: A Case Study of the Role of Economists in Policy Debates.Robert Driskill - 2012 - Economics and Philosophy 28 (1):1-30.
    This paper argues that, in light of the apparent settled nature of economists’ judgement on the issue of trade liberalization, the profession has stopped thinking critically about the question and, as a consequence, makes poor-quality arguments justifying their consensus. To develop support for this claim, the paper first recounts what economic analysis can say about trade liberalization. Then it analyses the quality of the arguments that economists make in support of free trade. The paper argues that the standard argument made (...)
    Direct download (7 more)  
     
    Export citation  
     
    Bookmark   2 citations  
  • The Welleye: A Conceptual Framework for Understanding and Promoting Wellbeing.Paul Dolan, Kate Laffan & Laura Kudrna - 2021 - Frontiers in Psychology 12.
    We present the Welleye – a novel and conceptually clear framework that shows how attention links the objective circumstances of people’s lives and selves to how they spend their time and feel day to day. While existing wellbeing frameworks in policy contain many of the factors included in the Welleye, they all lack attention as the “lens” that determines the impact of these factors on how people feel. Policymakers and organizations can use the Welleye to better understand how people are (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark  
  • The Econ Within or the Econ Above? On the Plausibility of Preference Purification.Lukas Beck - forthcoming - Economics and Philosophy.
    Scholars disagree about the plausibility of preference purification. Some see it as a familiar phenomenon. Others denounce it as conceptually incoherent, postulating that it relies on the psychologically implausible assumption of an inner rational agent. I argue that different notions of rationality can be leveraged to advance the debate: procedural rationality and structural rationality. I explicate how structural rationality, in contrast to procedural rationality, allows us to offer an account of the guiding idea behind preference purification that avoids inner rational (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark  
  • Moral Economic Axioms, Preference Formation and Welfare in Islamic Economics and Business.Necati Aydin - 2018 - Asian Journal of Business Ethics 7 (1):21-36.
    Consumers and producers aim to maximize their welfare through economic transactions. Their welfare is determined by choices and preferences. Therefore, understanding social and economic welfare projected by conventional and Islamic economics requires exploring their underlying paradigms and axioms for preference formation, choices, and welfare maximization. Even though conventional economics assumes that preferences are given, it actually considers that they are driven by self-interest. It does not discuss preference formation along determining moral axioms. Rather, it starts from revealed preferences to understand (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   3 citations  
  • Market Reality Versus Religious Morality: Empirical Evidence From the Saudi Arabian Labor Market.Necati Aydin & Aljawhara Ibrahim Alquayid - 2019 - Journal of Business Ethics 156 (3):679-698.
    The paper explores Islamic morality within labor market realities. It presents Islamic moral axioms that are expected to guide employer–employee relationships. It provides an extensive review of Islamic moral ideals related to fairness in the labor market. Based on survey data from 319 individuals in the Saudi labor market, it tests three hypotheses related to religiosity, secular aspirations, and perception and practice of fairness in the labor market. Using multinomial logistic regression, the findings from several models clearly support all three (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   2 citations  
  • Extended Preferences and Interpersonal Comparisons: A New Account.Matthew D. Adler - 2014 - Economics and Philosophy 30 (2):123-162.
  • Philosophy of Economics.Daniel M. Hausman - 2008 - Stanford Encyclopedia of Philosophy.
    This is a comprehensive anthology of works concerning the nature of economics as a science, including classic texts and essays exploring specific branches and schools of economics. Apart from the classics, most of the selections in the third edition are new, as are the introduction and bibliography. No other anthology spans the whole field and offers a comprehensive introduction to questions about economic methodology.
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   23 citations  
  • Moral Asymmetries and Economic Evaluations of Climate Change: The Challenge of Assessing Diverse Effects.Blake Francis - 2017 - In Duncan Purves, Säde Hormio & Adrian Walsh (eds.), The Ethical Underpinnings of Climate Economics. New York: pp. 141-162.
     
    Export citation  
     
    Bookmark  
  • Decision Sciences and the New Case for Paternalism: Three Welfare-Related Justificatory Challenges.Roberto Fumagalli - 2016 - Social Choice and Welfare 47 (2):459-480.
    Several authors have recently advocated a so-called new case for paternalism, according to which empirical findings from distinct decision sciences provide compelling reasons in favour of paternalistic interference. In their view, the available behavioural and neuro-psychological findings enable paternalists to address traditional anti-paternalistic objections and reliably enhance the well-being of their target agents. In this paper, I combine insights from decision-making research, moral philosophy and evidence-based policy evaluation to assess the merits of this case. In particular, I articulate and defend (...)
    Direct download  
     
    Export citation  
     
    Bookmark   7 citations