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Kosten-Nutzen-Analyse und das Inkommensurabilitätsproblem

Bibliographic Data

ID11307993
AuthorsPeter Schaber (0000-0002-9613-629X, corresponding author)
Year1994
Volume16
Issue2
Pages153-165
Publication date1994-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAnalyse & Kritik (JOURNAL)
Journal identifiersISSN: 0171-5860 • E-ISSN: 2365-9858
PublisherWalter de Gruyter GmbH (PUBLISHER • DE)
DOI10.1515/auk-1994-0204
OpenAlexW2396867631
LanguageEN

Are the values of different options and goods, as cost-benefit analysis assumes, commensurable? Not always. The incommensurability of certain options is based on the fact that preferences are sometimes not rankable, even if the agent is fully informed about the options in question. In addition, even if all values were commensurable they could not be compared in monetary terms. If this is the case, cost-benefit analysis should not be seen as a decision procedure

Economics · Mathematical economics · Corporate Governance and Management · Economic and Social Issues · Law and Political Science

Citation velocityhistorical
Highly citedNo

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