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  1. Happiness.Dan Haybron - forthcoming - Stanford Encyclopedia of Philosophy.
    There are roughly two philosophical literatures on “happiness,” each corresponding to a different sense of the term. One uses ‘happiness’ as a value term, roughly synonymous with well-being or flourishing. The other body of work uses the word as a purely descriptive psychological term, akin to ‘depression’ or ‘tranquility’. An important project in the philosophy of happiness is simply getting clear on what various writers are talking about: what are the important meanings of the term and how do they connect? (...)
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  • (1 other version)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.
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  • Can happiness measures be calibrated?Mats Ingelström & Willem van der Deijl - 2021 - Synthese 199 (3-4):5719-5746.
    Measures of happiness are increasingly being used throughout the social sciences. While these measures have attracted numerous types of criticisms, a crucial aspect of these measures has been left largely unexplored—their calibration. Using Eran Tal’s recently developed notion of calibration we argue first that the prospect of continued calibration of happiness measures is crucial for the science of happiness, and second, that continued calibration of happiness measures faces a particular problem—The Two Unknowns Problem. The Two Unknowns Problem relies on the (...)
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  • The Value of a Life-Year and the Intuition of Universality.Marc Fleurbaey & Gregory Ponthiere - 2022 - Journal of Ethics and Social Philosophy 22 (3):355-381.
    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 (...)
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  • On the value of economic growth.Julie L. Rose - 2020 - Politics, Philosophy and Economics 19 (2):128-153.
    Must a society aim indefinitely for continued economic growth? Proponents of economic growth advance three central challenges to the idea that a society, having attained high levels of income and wealth, may justly cease to pursue further economic growth: if environmentally sustainable and the gains fairly distributed, first, continued economic growth could make everyone within a society and globally, and especially the worst off, progressively better off; second, the pursuit of economic growth spurs ongoing innovation, which enhances people’s opportunities and (...)
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  • Sen is not a capability theorist.Antoinette Baujard & Muriel Gilardone - 2017 - Journal of Economic Methodology 24 (1):1-19.
    This paper aims to clarify the status of capability in Sen’s idea of justice. Sen’s name is so widely associated with the concept of capability that commentators often assume that his contribution to the study of justice amounts to a capability theory, albeit underdeveloped. We argue that such a reading is misleading. Taking Sen’s reticence about operationalization seriously, we show that his contribution is inconsistent with a capability theory. Instead, we defend the idea that the capability approach plays a heuristic (...)
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  • Edgeworth’s Mathematization of Social Well-Being.Adrian K. Yee - 2024 - Studies in History and Philosophy of Science 103 (C):5-15.
    Francis Ysidro Edgeworth’s unduly neglected monograph New and Old Methods of Ethics (1877) advances a highly sophisticated and mathematized account of social well-being in the utilitarian tradition of his 19th-century contemporaries. This article illustrates how his usage of the ‘calculus of variations’ was combined with findings from empirical psychology and economic theory to construct a consequentialist axiological framework. A conclusion is drawn that Edgeworth is a methodological predecessor to several important methods, ideas, and issues that continue to be discussed in (...)
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  • Extended Preferences and Interpersonal Comparisons: A New Account.Matthew D. Adler - 2014 - Economics and Philosophy 30 (2):123-162.
    This paper builds upon, but substantially revises, John Harsanyi's concept of ‘extended preferences’. An individual ‘history’ is a possible life that some person (a subject) might lead. Harsanyi supposes that a given spectator, formulating her ethical preferences, can rank histories by empathetic projection: putting herself ‘in the shoes’ of various subjects. Harsanyi then suggests that interpersonal comparisons be derived from the utility function representing spectators’ (supposedly common) ranking of history lotteries. Unfortunately, Harsanyi's proposal has various flaws, including some that have (...)
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  • Can welfare be measured with a preference-satisfaction index?Willem van der Deijl - 2018 - Journal of Economic Methodology 25 (2):126-142.
    Welfare in economics is generally conceived of in terms of the satisfaction of preferences, but a general, comparable index measure of welfare is generally not taken to be possible. In recent years, in response to the usage of measures of subjective well-being as indices of welfare in economics, a number of economists have started to develop measures of welfare based on preference-satisfaction. In order to evaluate the success of such measures, I formulate criteria of policy-relevance and theoretical success in the (...)
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  • Can Parfit’s Appeal to Incommensurabilities Block the Continuum Argument for the Repugnant Conclusion?Wlodek Rabinowicz - 2019 - In Paul Bowman & Katharina Berndt Rasmussen (eds.), Studies on Climate Ethics and Future Generations, Vol. 1. Institute for Futures Studies.
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  • How to Balance Lives and Livelihoods in a Pandemic.Matthew D. Adler, Richard Bradley, Marc Fleurbaey, Maddalena Ferranna, James Hammitt, Remi Turquier & Alex Voorhoeve - 2023 - In Julian Savulescu & Dominic Wilkinson (eds.), Pandemic Ethics: From Covid-19 to Disease X. Oxford University Press. pp. 189-209.
    Control measures, such as “lockdowns”, have been widely used to suppress the COVID-19 pandemic. Under some conditions, they prevent illness and save lives. But they also exact an economic toll. How should we balance the impact of such policies on individual lives and livelihoods (and other dimensions of concern) to determine which is best? A widely used method of policy evaluation, benefit–cost analysis (BCA), answers these questions by converting all the effects of a policy into monetary equivalents and then summing (...)
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  • Economic growth and progress: a paradigmatic conflation.John Myburgh Morrison - 2017 - African Journal of Business Ethics 11 (2).
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  • Making interpersonal comparisons of the value of income with a hypothetical auction.Stephen J. Schmidt - manuscript
    Economic policy decisions require comparisons of the gains and losses from policy choices to different people. If those gains can be valued in monetary terms, than all that is needed is a comparison of the value of income to different persons, which can be weights in cost-benefit analysis. An objective comparison of the value of income to different people has been long sought but never found. I propose that when money to be allocated is controlled by a group of people (...)
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