Which values should be built into economic measures?
Bibliographic Data
| ID | 23212054 |
|---|---|
| Authors | S Andrew Schroeder (0000-0001-7305-3283, Claremont McKenna College, corresponding author) |
| Year | 2019 |
| Volume | 35 |
| Issue | 3 |
| Pages | 521-536 |
| Publication date | 2019-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economics and Philosophy (JOURNAL) |
| Journal identifiers | ISSN: 0266-2671 • E-ISSN: 1474-0028 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0266267118000317 |
| OpenAlex | W2920376627 |
| Language | EN |
| Citations received | 4 |
| References cited | 24 |
Many economic measures are structured to reflect ethical values. I describe three attitudes towards this: maximalism , according to which we should aim to build all relevant values into measures; minimalism , according to which we should aim to keep values out of measures; and an intermediate view. I argue the intermediate view is likely correct, but existing versions are inadequate. In particular, economists have strong reason to structure measures to reflect fixed , as opposed to user-assessable , values. This implies that, despite disagreement about precisely how to do so, economists should standardly adjust QALYs and DALYs to reflect egalitarian values.
Actuarial science · Economics · Epistemology · Minimalism (technical communication) · Positive economics · Sociology · Statistics · Economic Theory and Institutions · Mathematics · Philosophy · Political Philosophy and Ethics · Psychology
| Unique citing works | 4 |
|---|---|
| Citations per year | 0.8 |
| Citation span | 2021 - 2026 (6) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 4 |