When considering the social valuation of a life-year, there is a conflict between two basic intuitions: on the one hand, the intuition of universality, according to which the value of an additional life-year should be universal, and, as such, should be invariant to the context considered; on the other hand, the intuition of complementarity, according to which the value of a life-year should depend on what this extra-life-year allows for, and, hence, on the quality of that life-year, because the quantity (...) of life and the quality of life are complement to each other. This paper proposes three distinct accounts of the intuition of universality, and shows that those accounts either conflict with a basic monotonicity property, or lead to indifference with respect to how life-years are distributed within the population. Those results support the abandon of the intuition of universality. But abandoning the intuition of universality does not prevent a social evaluator from giving priority, when allocating life-years, to individuals with the lowest quality of life. (shrink)

Les économistes mesurent le dommage causé par un décès en quantifiant le coût d’opportunité de ce décès (tout ce qui est perdu par le défunt à cause de ce décès). Ce calcul contredit la thèse de la neutralité de la mort défendue par divers philosophes depuis l’Antiquité. Cet article revisite plusieurs arguments anciens justifiant la neutralité de la mort et, par un effet de contraste, révèle des présupposés de l’analyse économique de la mort, tels le caractère consolidé des vies et (...) le caractère cumulable du bien-être dans le temps. (shrink)

The idea of workplace democracy is not on the political agenda. And yet, democratic firms exist in various forms in today's economy. The idea and the practice is not only economically and philosophically challenging. The worries to which it responds are not bew either. This is well illustrated by John Stuart Mill's conjecture of the end of the wage-earner system, dating back to more than one century ago.