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Rationality, Allocation, and Reproduction

Oxford University Press UK (1996)

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  1. Rationality, Joy and freedom.Amartya Sen - 1996 - Critical Review: A Journal of Politics and Society 10 (4):481-494.
    In The Joyless Economy, Tibor Scitovsky proposes a model of human behavior that differs substantially from that of standard economic theory. Scitovsky begins with a basic distinction between “comfort” and “stimulation.” While stimulation is ultimately more satisfying and creative, we frequently fall for the bewitching attractions of comfort, which leads to impoverished lives. Scitovsky's analysis has far‐reaching implications not only for the idea of rationality, but for the concept of utility (by making it plural in nature) and, perhaps most importantly, (...)
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  • Valuing environmental costs and benefits in an uncertain future: risk aversion and discounting.Fabien Medvecky - 2012 - Erasmus Journal for Philosophy and Economics 5 (1):1-1.
    A central point of debate over environmental policies concerns how future costs and benefits should be assessed. The most commonly used method for assessing the value of future costs and benefits is economic discounting. One often-cited justification for discounting is uncertainty. More specifically, it is risk aversion coupled with the expectation that future prospects are more risky. In this paper I argue that there are at least two reasons for disputing the use of risk aversion as a justification for discounting (...)
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  • Review of The end of value-free economics, edited by Hilary Putnam and Vivian Walsh. Routledge, 2011, 230pp. [REVIEW]Daniel Little - 2012 - Erasmus Journal for Philosophy and Economics 5 (1):87.
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  • Public health and liberty: Beyond the millian paradigm.Bruce Jennings - 2009 - Public Health Ethics 2 (2):123-134.
    Center for Humans and Nature, 109 West 77th Street, Suite 2, New York, NY 10024, USA. Tel.: 212 362 7170; Fax: 212 362 9592; Email: brucejennings{at}humansandnature.org ' + u + '@' + d + ' '//--> . Abstract A fundamental question for the ethical foundations of public health concerns the moral justification for limiting or overriding individual liberty. What might justify overriding the individual moral claim to non-interference or to self-realization? This paper argues that the libertarian justification for limiting individual (...)
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  • Democracy after Deliberation: Bridging the Constitutional Economics/Deliberative Democracy Divide.Shane Ralston - 2007 - Dissertation, University of Ottawa
    This dissertation addresses a debate about the proper relationship between democratic theory and institutions. The debate has been waged between two rival approaches: on the one side is an aggregative and economic theory of democracy, known as constitutional economics, and on the other side is deliberative democracy. The two sides endorse starkly different positions on the issue of what makes a democracy legitimate and stable within an institutional setting. Constitutional economists model political agents in the same way that neoclassical economists (...)
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  • An Evolutionary Efficiency Alternative to the Notion of Pareto Efficiency.Irene van Staveren - 2012 - Economic Thought 1 (1).
    The paper argues that the notion of Pareto efficiency builds on two normative assumptions: the more general consequentialist norm of any efficiency criterion, and the strong no-harm principle of the prohibition of any redistribution during the economic process that hurts at least one person. These normative concerns lead to a constrained and static notion of efficiency in mainstream economics, ignoring dynamic efficiency gains from more equal allocations of resources. The paper argues that a weak no-harm principle instead provides an endogenous (...)
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