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| Author: | Hausman, D.M. McPherson, M.S. |
| Title: | Preference satisfaction and welfare economics |
| Journal: | Economics and philosophy
2009 : MAR, VOL. 25:1, p. 1-25 |
| Index terms: | welfare economics preferences |
| Language: | eng |
| Abstract: | This essay deals with the difficulties, criticizes standard defences of welfare economics (henceforth as: w-ec.), and offers a new partial defence maintaining that w-ec. is independent of any philosophical theory of well-being. W-ec. requires nothing more than an evidential connection btw. preference and welfare: in circumstances when people are concerned with their own interests and reasonably good judges of what will serve their interests, their preferences will be reliable indicators of what is good for them. |
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