Following a long-standing philosophical tradition, impartiality is a distinctive and determining feature of moral judgments, especially in matters of distributive justice. This broad ethical tradition was revived in welfare economics by Vickrey, and above all, Harsanyi, under the form of the so-called Impartial Observer Theorem. The paper offers an analytical reconstruction of this argument and a step-wise philosophical critique of its premisses. It eventually provides a new formal version of the theorem based on subjective probability.

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.

I consider an old problem for preference satisfaction theories of wellbeing: that they have trouble answering questions about interpersonal comparisons, such as whether I am better off than you are, or whether a particular policy benefits me more than it benefits you. I argue that a similar problem arises for intrapersonal comparisons in cases of transformative experience. I survey possible solutions to the problem, and point out some subtle disanalogies between the problem involving interpersonal comparisons and the problem involving transformative (...) experience. (shrink)

Many ethical theories, including in particular consequentialist moral the ories, require comparisons of the amount of good possessed or received by different people. In the case of some goods, such as monetary income, wealth, education, or health, such comparisons are relatively unproblematic. Even in the case of such goods there may be serious empirical measurement problems, but there appear to be no difficulties in principle. Thus Cooter and Rappoport maintained that there was no serious difficulty of making interpersonal utility comparisons (...) for an earlier generation of economists who regarded utility as an index of “material welfare.”. (shrink)