Arbeitspapier
Why satisfy preferences?
Contemporary mainstream normative economists assess policies in terms of their capacities to satisfy preferences, though most would concede that other factors such as freedom, rights, and justice are also relevant. Why should policy be responsive to preferences? This essay argues that the best reason is that people's preferences are in some circumstances good evidence of what will benefit them. When those circumstances do not obtain and preferences are not good evidence of welfare, there is little reason to satisfy preferences.
- Language
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Englisch
- Bibliographic citation
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Series: Papers on Economics and Evolution ; No. 1124
- Classification
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Wirtschaft
- Subject
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Präferenztheorie
Wirtschaftspolitik
Wohlfahrtseffekt
Kritik
Theorie
- Event
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Geistige Schöpfung
- (who)
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Hausman, Daniel M.
- Event
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Veröffentlichung
- (who)
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Max Planck Institute of Economics
- (where)
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Jena
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hausman, Daniel M.
- Max Planck Institute of Economics
Time of origin
- 2011