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On Methods and Morals

James Halteman and Edd Noell

in Reckoning with Markets: The Role of Moral Reflection in Economics

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199763702
eISBN:
9780199932252
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199763702.003.0007
Subject:
Economics and Finance, Financial Economics

Is economics like car building or car repair? Are we working toward a finished product, or are we attempting to answer pertinent questions that arise and change from time to time? These questions are ... More


The SWF Approach and Its Competitors

Matthew D. Adler

in Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis

Published in print:
2011
Published Online:
January 2012
ISBN:
9780195384994
eISBN:
9780199918348
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195384994.003.0003
Subject:
Law, Philosophy of Law, Constitutional and Administrative Law

This chapter begins by introducing the social welfare function (SWF) approach. It then goes on to criticize the competing approaches to policy analysis that are currently dominant. Although SWFs are ... More


Protection and Income Distribution

W. Max Corden

in Trade Policy and Economic Welfare

Published in print:
1997
Published Online:
November 2003
ISBN:
9780198775348
eISBN:
9780191715471
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198775342.003.0005
Subject:
Economics and Finance, International

The effects of trade taxes on income distribution are discussed. The chapter elaborates in detail the Stolper–Samuelson model and introduces the concept of the ‘conservative social welfare function’.


Microfoundations

Neil Fligstein and Doug McAdam

in A Theory of Fields

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199859948
eISBN:
9780199951178
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199859948.003.0002
Subject:
Sociology, Social Theory

This chapter articulates the microfoundation for the theory. The first half sketches a bare-bones perspective on the distinctive essence of human sociability. It reviews the current literature on the ... More


Welfare Economics, Utilitarianism, and Equity

Amartya Sen

in On Economic Inequality

Published in print:
1973
Published Online:
November 2003
ISBN:
9780198281931
eISBN:
9780191715815
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281935.003.0001
Subject:
Economics and Finance, Public and Welfare

The usefulness of the main schools of welfare economics (old and new) in measuring inequality is analysed. It is noted that the literature on Pareto optimality avoids distributional judgements ... More


Limited Rights and Social Choice Rules *

Maurice Salles

in Arguments for a Better World: Essays in Honor of Amartya Sen: Volume I: Ethics, Welfare, and Measurement

Published in print:
2008
Published Online:
May 2009
ISBN:
9780199239115
eISBN:
9780191716935
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199239115.003.0015
Subject:
Economics and Finance, Development, Growth, and Environmental

In 1970 Amartya Sen introduced within social choice theory the notion of minimal liberty and proved an impossibility result concerning social decision functions. In this chapter Sen's condition of ... More


Conclusion to Part I

John N. Collins

in Diakonia: Re-Interpreting the Ancient Sources

Published in print:
2009
Published Online:
October 2011
ISBN:
9780195396027
eISBN:
9780199852383
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195396027.003.0004
Subject:
Religion, Biblical Studies

In the second book of the Republic, Plato writes a few paragraphs on the place of trade and merchandising in society. His use of “diakonia” and its cognate words there is examined here in itself and ... More


Risk and Protective Factors for Suicidality during the Transition to Adulthood: Parenting, Self-Regulatory Processes, and Successful Resolution of Stage-Salient Tasks

Daria K. Boeninger and Rand D. Conger

in Adolescence and Beyond: Family Processes and Development

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199736546
eISBN:
9780199932443
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199736546.003.0004
Subject:
Psychology, Developmental Psychology, Clinical Child Psychology / School Psychology

This chapter casts suicide-related thoughts and behaviors in a self-regulatory framework, and delineates the implications of parenting for the development of self-regulatory capacities, as well as ... More


Estimating Utilities

Matthew D. Adler

in Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis

Published in print:
2011
Published Online:
January 2012
ISBN:
9780195384994
eISBN:
9780199918348
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195384994.003.0005
Subject:
Law, Philosophy of Law, Constitutional and Administrative Law

This chapter begins by addressing the problem of simplified outcomes. Outcomes are not complete possible worlds, but more limited descriptions of possible realities. This is a feature, not merely of ... More


B.M.S. Van Praag: The Relativity of the Welfare Concept

Siddiq Osmani

in The Quality of Life

Published in print:
1993
Published Online:
November 2003
ISBN:
9780198287971
eISBN:
9780191596704
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198287976.003.0028
Subject:
Economics and Finance, Development, Growth, and Environmental

Osmani takes up a question which relates to a potential application of van Praag's approach: how well can individual utilities, as measure by van Praag, serve as the basis of social welfare ... More


Welfare Economics and Giving for Development *

A. B. Atkinson

in Arguments for a Better World: Essays in Honor of Amartya Sen: Volume I: Ethics, Welfare, and Measurement

Published in print:
2008
Published Online:
May 2009
ISBN:
9780199239115
eISBN:
9780191716935
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199239115.003.0027
Subject:
Economics and Finance, Development, Growth, and Environmental

Giving for development provides an interesting case study in the application of welfare economics. Giving for development is modest in total amount, but it is one of the few direct ways in which ... More


Samuelson's “Dr. Jekyll and Mrs. Jekyll” Problem: A Difficulty in the Concept of the Consumer

Robert A. Pollak

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0008
Subject:
Economics and Finance, History of Economic Thought

This chapter describes a rich number of cases in which Samuelson distinguishes between the individual and the family as the consuming agent. The idea that the family demand function can be consistent ... More


Executive function and motor planning

Kerry D. Hudson and Emily K. Farran

in Neurodevelopmental Disorders Across the Lifespan: A neuroconstructivist approach

Published in print:
2011
Published Online:
May 2012
ISBN:
9780199594818
eISBN:
9780191738166
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199594818.003.0051
Subject:
Psychology, Social Psychology, Developmental Psychology

This chapter shows that executive functions and motor planning are impaired in Williams syndrome (WS). It assesses inhibition (such as inhibition of a prepotent response) and its influence on social ... More


The Case for a Continuous Prioritarian SWF

Matthew D. Adler

in Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis

Published in print:
2011
Published Online:
January 2012
ISBN:
9780195384994
eISBN:
9780199918348
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195384994.003.0006
Subject:
Law, Philosophy of Law, Constitutional and Administrative Law

This chapter turns to the question of the functional form of the rule R. It argues that the most attractive such rule is a continuous prioritarian social welfare function (SWF), which says: outcome x ... More


Lifetime Prioritarianism

Matthew D. Adler

in Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis

Published in print:
2011
Published Online:
January 2012
ISBN:
9780195384994
eISBN:
9780199918348
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195384994.003.0007
Subject:
Law, Philosophy of Law, Constitutional and Administrative Law

The formal structure of welfarism is oriented around lifetime well-being. The social welfare function (SWF) approach is framed in whole-lifetime terms. The elements of U are lifetime utility ... More


Simple Formulae for Optimal Income Taxation and the Measurement of Inequality *

Joseph E. Stiglitz

in Arguments for a Better World: Essays in Honor of Amartya Sen: Volume I: Ethics, Welfare, and Measurement

Published in print:
2008
Published Online:
May 2009
ISBN:
9780199239115
eISBN:
9780191716935
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199239115.003.0030
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter focuses on the measurement of inequality, in particular measuring when one income distribution is more unequal than another for any inequality averse social welfare function. While the ... More


Ranking Actions: Prioritarianism under Uncertainty

Matthew D. Adler

in Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis

Published in print:
2011
Published Online:
January 2012
ISBN:
9780195384994
eISBN:
9780199918348
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195384994.003.0008
Subject:
Law, Philosophy of Law, Constitutional and Administrative Law

The prior four chapters focused on developing tools for constructing and morally ranking an outcome set: tools that include an account of well-being, principles for measuring well-being using a set U ... More


Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis

Matthew Adler

Published in print:
2011
Published Online:
January 2012
ISBN:
9780195384994
eISBN:
9780199918348
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195384994.001.0001
Subject:
Law, Philosophy of Law, Constitutional and Administrative Law

This book addresses a range of relevant theoretical issues, including the possibility of an interpersonally comparable measure of well-being, or “utility” metric; the moral value of equality, and how ... More


Preliminaries: Morality, Consequentialism, Welfarism

Matthew D. Adler

in Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis

Published in print:
2011
Published Online:
January 2012
ISBN:
9780195384994
eISBN:
9780199918348
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195384994.003.0002
Subject:
Law, Philosophy of Law, Constitutional and Administrative Law

This chapter discusses why welfarism is worth elaborating upon. It explains why a person-centered view of morality and consequentialism are both plausible premises, and why even the reader who ... More


Evaluation of Non-marginal Projects

Christian Gollier

in Pricing the Planet's Future: The Economics of Discounting in an Uncertain World

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691148762
eISBN:
9781400845408
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691148762.003.0014
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter shows that the cost-benefit analysis can be used only if the actions under scrutiny are marginal, that is, if implementing them has no macroeconomic effects. Otherwise, one needs to go ... More


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