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
Englisch

Bibliographic citation
Series: Papers on Economics and Evolution ; No. 1124

Classification
Wirtschaft
Subject
Präferenztheorie
Wirtschaftspolitik
Wohlfahrtseffekt
Kritik
Theorie

Event
Geistige Schöpfung
(who)
Hausman, Daniel M.
Event
Veröffentlichung
(who)
Max Planck Institute of Economics
(where)
Jena
(when)
2011

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hausman, Daniel M.
  • Max Planck Institute of Economics

Time of origin

  • 2011

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