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Value Judgments and Value Neutrality in Economics

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  • PHILIPPE MONGIN

Abstract

The paper analyses economic evaluations by distinguishing evaluative statements from actual value judgments. From this basis, it compares four solutions to the value neutrality problem in economics. After rebutting the strong theses about neutrality (normative economics is illegitimate) and non-neutrality (the social sciences are value-impregnated), the paper settles the case between the weak neutrality thesis (common in welfare economics) and a novel, weak non-neutrality thesis that extends the realm of normative economics more widely than the other weak thesis does. Copyright (c) The London School of Economics and Political Science 2006.

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Bibliographic Info

Article provided by London School of Economics and Political Science in its journal Economica.

Volume (Year): 73 (2006)
Issue (Month): 290 (05)
Pages: 257-286

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Handle: RePEc:bla:econom:v:73:y:2006:i:290:p:257-286

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References

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  1. Erik Schokkaert, 1999. "M. Tout-le-monde est "post-welfariste". Opinions sur la justice redistributive," Revue Économique, Programme National Persée, vol. 50(4), pages 811-831.
  2. Mongin, Philippe, 2006. "Normes et jugements de valeur en économie normative," Les Cahiers de Recherche 858, HEC Paris.
  3. Mongin, P & d'Aspremont, C, 1996. "Utility Theory and Ethics," Papers 9632, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
  4. P. Mongin, 2000. "Is there progress in normative economics ?," THEMA Working Papers 2000-37, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
  5. Hausman, Daniel M., 2000. "Revealed preference, belief, and game theory," Economics and Philosophy, Cambridge University Press, vol. 16(01), pages 99-115, April.
  6. Sen, Amartya, 1991. "Welfare, preference and freedom," Journal of Econometrics, Elsevier, vol. 50(1-2), pages 15-29, October.
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Citations

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Cited by:
  1. Mongin, Philippe, 2006. "Normes et jugements de valeur en économie normative," Les Cahiers de Recherche 858, HEC Paris.
  2. Philippe MONGIN, 2006. "L’analytique et le synthétique en économie," Discussion Papers (REL - Recherches Economiques de Louvain) 2006041, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  3. repec:hal:cesptp:halshs-00274361 is not listed on IDEAS
  4. Marcelo Resende & Rodrigo M. Zeidan, 2007. "Lionel Robbins: A Methodological Reappraisal," CESifo Working Paper Series 2165, CESifo Group Munich.
  5. Antoinette Baujard, 2013. "Value judgments and economics expertise," Working Papers halshs-00803552, HAL.
  6. repec:hal:journl:halshs-00274361 is not listed on IDEAS
  7. Mongin, Philippe, 2007. "Une étude d'histoire militaire instruite par la Théorie des jeux et quelques amplifications Méthodologiques," Les Cahiers de Recherche 866, HEC Paris.

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