Can Normative Economics Be Convincing without the Notion of Well-Being?
DOI:
https://doi.org/10.14394/filnau.2021.0018Słowa kluczowe:
well-being, welfare, opportunity, capability, normative economics, positive economicsAbstrakt
In this article, we examine the notion of well-being in light of the relationship between positive and normative economics. Having identified four interrelationships between possible theoretical developments within the two fields, we propose a framework for the analysis of normative economic theories. The starting point for these considerations were competing stances on well-being proposed by neoclassical welfare economics, Robert Sugden, Amartya Sen, and Daniel Hausman.
Bibliografia
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Buchanan J. (1986), Liberty, Market and State, Brighton: Wheatsheaf.
Cerda A. A., García L. Y. (2021), “Willingness to Pay for a COVID-19 Vaccine,” Applied Health Economics and Health Policy 19(3), 343-351. https://doi.org/10.1007/s40258-021-00644-6
Colander D., Su H. (2015), “Making Sense of Economists’ Positive–Normative Distinction,” Journal of Economic Methodology 22(2): 157-170. https://doi.org/10.1080/1350178X.2015.1024877
Friedman M. (1953), The Methodology of Positive Economics [in:] Essays in Positive Economics, Chicago: University of Chicago Press, 3-35.
García L. Y., Cerda A. A. (2020), “Contingent Assessment of the COVID-19 Vaccine,” Vaccine 38(34), 5424-5429. https://doi.org/10.1016/j.vaccine.2020.06.068
Griffin J. (1993), Against the Taste Model [in:] Interpersonal Comparisons of Well-Being, J. Elster, J. Roemer (eds.), Cambridge: Cambridge University Press.
Hausman D. M. (2012), Preference, Value, Choice, and Welfare, Cambridge: Cambridge University Press. https://doi.org/10.1017/CBO9781139058537
Hausman D. M. (2019), “Enhancing Welfare without a Theory of Welfare,” Behavioural Public Policy 4, 1-16. https://doi.org/10.1017/bpp.2019.34
Hausman D. M., McPherson M. S. (2006), Economic Analysis, Moral Philosophy, and Public Policy, Cambridge: Cambridge University Press.
Infante G., Lecouteux G., Sugden R. (2016), “Preference Purification and the Inner Rational Agent: A Critique of the Conventional Wisdom of Behavioural Welfare Economics,” Journal of Economic Methodology 23(1), 1-25. https://doi.org/10.1080/1350178X.2015.1070527
Ip G. (2020), “Economics vs. Epidemiology: Quantifying the Trade-Off,” The Wall Street Journal, https://www.wsj.com/articles/economics-vs-epidemiology-quantifying-the-trade-off-11586982855
Kahnemann D. (2013), Thinking Fast and Slow, New York: Farrar, Straus, and Giroux.
Keynes J. N. (1891), The Scope and Method of Political Economy, London: Macmillan & Co.
Kwarciński T., Załuski W. (2021), Beyond Mere Utility-Maximisation: Towards an Axiologically Enriched Account of Well-being [in:] Words, Objects and Events in Economics: The Making of Economic Theory, R. Róna, L. Zsolnai, A. Wincewicz-Price (eds.), Cham: Springer. https://doi.org/10.1007/978-3-030-52673-3_11
Mill J. S. (1844/1967), On the Definition of Political Economy; And on the Method of Investigation Proper to It [in:] Collected Works of John Stuart Mill, J. M. Robson (ed.), vol. IV, Toronto: Toronto University Press, 309-339.
Mill J. S. (1859/2001), On Liberty, Kitchener: Batoche Books.
Mill J. S. (1872/1974), A System of Logic, Ratiocinative and Inductive [in:] Collected Works of John Stuart Mill, J. M. Robson (ed.), vol. VIII, Toronto: Toronto University Press, 833-952.
Morris C. W. (2010), Amartya Sen: Contemporary Philosophy in Focus, Cambridge: Cambridge University Press.
Parfit D. (1984), Reasons and Persons, Oxford: Oxford University Press.
Qizilbash M. (2020), “Informed Preference Consequentialism, Contractarianism and Libertarian Paternalism: On Harsanyi, Rawls and Robert Sugden’s The Community of Advantage,” International Review of Economics 68(1), 67-88. https://doi.org/10.1007/s12232-020-00361-x
Schick F. (1986), “Dutch Bookies and Money Pumps,” The Journal of Philosophy 83(2): 112-119. https://doi.org/10.2307/2026054
Schubert C. (2020), “Opportunity Meets Self-Constitution,” International Review of Economics 68(1), 51-65. https://doi.org/10.1007/s12232-020-00360-y
Sen A. (1977), “Rational Fools: A Critique of the Behavioral Foundations of Economic Theory,” Philosophy and Public Affairs 6(4), 317-344.
Sen A. (1979), “Personal Utilities and Public Judgements: Or What’s Wrong with Welfare Economics,” The Economic Journal 89(355), 537-558. https://doi.org/10.2307/2231867
Sen A. (1985), “Well-Being, Agency and Freedom: The Dewey Lectures 1984,” The Journal of Philosophy 82(4): 169-221. https://doi.org/10.2307/2026184
Sen A. (1986), “Prediction and Economic Theory,” Proceedings of the Royal Society of London. A. Mathematical and Physical Sciences 407(1832), 3-23.
Sen A. (1988), On Ethics and Economics, Oxford–New York: Blackwell Publishing.
Sen A. (2002), Development as Freedom, New York: Alfred A. Knopf, Inc.
Strotz R. H. (1955), “Myopia and Inconsistency in Dynamic Utility Maximization,” The Review of Economic Studies 23(3), 165. https://doi.org/10.2307/2295722
Sugden R. (2004), “The Opportunity Criterion: Consumer Sovereignty without the Assumption of Coherent Preferences,” The American Economic Review 94(4): 1014-1033. https://doi.org/10.1257/0002828042002714
Sugden R. (2006), “What We Desire, What We Have Reason to Desire, Whatever We Might Desire: Mill and Sen on the Value of Opportunity,” Utilitas 18(1): 33-51. https://doi.org/10.1017/S0953820805001810
Sugden R. (2010), “Opportunity as Mutual Advantage,” Economics and Philosophy 26(1), 47-68. https://doi.org/10.1017/S0266267110000052
Sugden R. (2018), The Community of Advantage: A Behavioural Economist’s Defence of the Market, Oxford: Oxford University Press.
Sugden R. (2019), “The Community of Advantage,” Economic Affairs 39, 417-423. https://doi.org/10.1111/ecaf.12374
Sugden R. (2020), “Normative Economics without Preferences,” International Review of Economics 68(1), 5-19. https://doi.org/10.1007/s12232-020-00356-8
Sunstein C. (2020), “Behavioral Welfare Economics,” Journal of Benefit-Cost Analysis 11(2), 196-220. https://doi.org/10.1017/bca.2020.14
Thaler R., Sunstein C. (2008), Nudge: Improving Decisions about Health, Wealth, and Happiness, New Haven: Yale University Press.
Veisten K. (2007), “Contingent Valuation Controversies: Philosophic Debates about Economic Theory,” The Journal of Socio-economics 36(2), 204-232. https://doi.org/10.1016/j.socec.2005.11.049
Venkatachalam L. (2004), “The Contingent Valuation Method: A Review,” Environmental Impact Assessment Review 24(1), 89-124. https://doi.org/10.101/S0195-9255(03)00138-0
Bernheim B. (2016), “The Good, the Bad, and the Ugly: A Unified Approach to Behavioral Welfare Economics,” Journal of Benefit-Cost Analysis 7(1), 12-68. https://doi.org/10.1017/bca.2016.5
Buchanan J. (1986), Liberty, Market and State, Brighton: Wheatsheaf.
Cerda A. A., García L. Y. (2021), “Willingness to Pay for a COVID-19 Vaccine,” Applied Health Economics and Health Policy 19(3), 343-351. https://doi.org/10.1007/s40258-021-00644-6
Colander D., Su H. (2015), “Making Sense of Economists’ Positive–Normative Distinction,” Journal of Economic Methodology 22(2): 157-170. https://doi.org/10.1080/1350178X.2015.1024877
Friedman M. (1953), The Methodology of Positive Economics [in:] Essays in Positive Economics, Chicago: University of Chicago Press, 3-35.
García L. Y., Cerda A. A. (2020), “Contingent Assessment of the COVID-19 Vaccine,” Vaccine 38(34), 5424-5429. https://doi.org/10.1016/j.vaccine.2020.06.068
Griffin J. (1993), Against the Taste Model [in:] Interpersonal Comparisons of Well-Being, J. Elster, J. Roemer (eds.), Cambridge: Cambridge University Press.
Hausman D. M. (2012), Preference, Value, Choice, and Welfare, Cambridge: Cambridge University Press. https://doi.org/10.1017/CBO9781139058537
Hausman D. M. (2019), “Enhancing Welfare without a Theory of Welfare,” Behavioural Public Policy 4, 1-16. https://doi.org/10.1017/bpp.2019.34
Hausman D. M., McPherson M. S. (2006), Economic Analysis, Moral Philosophy, and Public Policy, Cambridge: Cambridge University Press.
Infante G., Lecouteux G., Sugden R. (2016), “Preference Purification and the Inner Rational Agent: A Critique of the Conventional Wisdom of Behavioural Welfare Economics,” Journal of Economic Methodology 23(1), 1-25. https://doi.org/10.1080/1350178X.2015.1070527
Ip G. (2020), “Economics vs. Epidemiology: Quantifying the Trade-Off,” The Wall Street Journal, https://www.wsj.com/articles/economics-vs-epidemiology-quantifying-the-trade-off-11586982855
Kahnemann D. (2013), Thinking Fast and Slow, New York: Farrar, Straus, and Giroux.
Keynes J. N. (1891), The Scope and Method of Political Economy, London: Macmillan & Co.
Kwarciński T., Załuski W. (2021), Beyond Mere Utility-Maximisation: Towards an Axiologically Enriched Account of Well-being [in:] Words, Objects and Events in Economics: The Making of Economic Theory, R. Róna, L. Zsolnai, A. Wincewicz-Price (eds.), Cham: Springer. https://doi.org/10.1007/978-3-030-52673-3_11
Mill J. S. (1844/1967), On the Definition of Political Economy; And on the Method of Investigation Proper to It [in:] Collected Works of John Stuart Mill, J. M. Robson (ed.), vol. IV, Toronto: Toronto University Press, 309-339.
Mill J. S. (1859/2001), On Liberty, Kitchener: Batoche Books.
Mill J. S. (1872/1974), A System of Logic, Ratiocinative and Inductive [in:] Collected Works of John Stuart Mill, J. M. Robson (ed.), vol. VIII, Toronto: Toronto University Press, 833-952.
Morris C. W. (2010), Amartya Sen: Contemporary Philosophy in Focus, Cambridge: Cambridge University Press.
Parfit D. (1984), Reasons and Persons, Oxford: Oxford University Press.
Qizilbash M. (2020), “Informed Preference Consequentialism, Contractarianism and Libertarian Paternalism: On Harsanyi, Rawls and Robert Sugden’s The Community of Advantage,” International Review of Economics 68(1), 67-88. https://doi.org/10.1007/s12232-020-00361-x
Schick F. (1986), “Dutch Bookies and Money Pumps,” The Journal of Philosophy 83(2): 112-119. https://doi.org/10.2307/2026054
Schubert C. (2020), “Opportunity Meets Self-Constitution,” International Review of Economics 68(1), 51-65. https://doi.org/10.1007/s12232-020-00360-y
Sen A. (1977), “Rational Fools: A Critique of the Behavioral Foundations of Economic Theory,” Philosophy and Public Affairs 6(4), 317-344.
Sen A. (1979), “Personal Utilities and Public Judgements: Or What’s Wrong with Welfare Economics,” The Economic Journal 89(355), 537-558. https://doi.org/10.2307/2231867
Sen A. (1985), “Well-Being, Agency and Freedom: The Dewey Lectures 1984,” The Journal of Philosophy 82(4): 169-221. https://doi.org/10.2307/2026184
Sen A. (1986), “Prediction and Economic Theory,” Proceedings of the Royal Society of London. A. Mathematical and Physical Sciences 407(1832), 3-23.
Sen A. (1988), On Ethics and Economics, Oxford–New York: Blackwell Publishing.
Sen A. (2002), Development as Freedom, New York: Alfred A. Knopf, Inc.
Strotz R. H. (1955), “Myopia and Inconsistency in Dynamic Utility Maximization,” The Review of Economic Studies 23(3), 165. https://doi.org/10.2307/2295722
Sugden R. (2004), “The Opportunity Criterion: Consumer Sovereignty without the Assumption of Coherent Preferences,” The American Economic Review 94(4): 1014-1033. https://doi.org/10.1257/0002828042002714
Sugden R. (2006), “What We Desire, What We Have Reason to Desire, Whatever We Might Desire: Mill and Sen on the Value of Opportunity,” Utilitas 18(1): 33-51. https://doi.org/10.1017/S0953820805001810
Sugden R. (2010), “Opportunity as Mutual Advantage,” Economics and Philosophy 26(1), 47-68. https://doi.org/10.1017/S0266267110000052
Sugden R. (2018), The Community of Advantage: A Behavioural Economist’s Defence of the Market, Oxford: Oxford University Press.
Sugden R. (2019), “The Community of Advantage,” Economic Affairs 39, 417-423. https://doi.org/10.1111/ecaf.12374
Sugden R. (2020), “Normative Economics without Preferences,” International Review of Economics 68(1), 5-19. https://doi.org/10.1007/s12232-020-00356-8
Sunstein C. (2020), “Behavioral Welfare Economics,” Journal of Benefit-Cost Analysis 11(2), 196-220. https://doi.org/10.1017/bca.2020.14
Thaler R., Sunstein C. (2008), Nudge: Improving Decisions about Health, Wealth, and Happiness, New Haven: Yale University Press.
Veisten K. (2007), “Contingent Valuation Controversies: Philosophic Debates about Economic Theory,” The Journal of Socio-economics 36(2), 204-232. https://doi.org/10.1016/j.socec.2005.11.049
Venkatachalam L. (2004), “The Contingent Valuation Method: A Review,” Environmental Impact Assessment Review 24(1), 89-124. https://doi.org/10.101/S0195-9255(03)00138-0
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Opublikowane
2021-10-31
Jak cytować
Kwarciński, T., & Turek, K. M. (2021). Can Normative Economics Be Convincing without the Notion of Well-Being?. Filozofia Nauki, 29(3), 37–61. https://doi.org/10.14394/filnau.2021.0018
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Filozofia Nauki | ISSN 1230-6894 | e-ISSN 2657-5868