IDEAS home Printed from https://ideas.repec.org/p/grt/wpegrt/2019-01.html
   My bibliography  Save this paper

Evaluative judgments between positive and normative: For an axiological economy

Author

Listed:
  • Jérôme Ballet

Abstract

This article argues that the distinction between positive and normative, which is the basis of much of economics, is not relevant. By inserting the distinction between norms and values, the article makes it possible to insert a new perspective between the two parts of the dichotomy: that of value judgments that are not necessarily normative. The article then supports the idea of an axiological economy that enriches evaluative judgments and provides a broader informational base for policy decisions.

Suggested Citation

  • Jérôme Ballet, 2019. "Evaluative judgments between positive and normative: For an axiological economy," Cahiers du GREThA (2007-2019) 2019-01, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    • Handle: RePEc:grt:wpegrt:2019-01
    as

    Download full text from publisher

    File URL: http://cahiersdugretha.u-bordeaux.fr/2019/2019-01.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Spash, Clive L. & Hanley, Nick, 1995. "Preferences, information and biodiversity preservation," Ecological Economics, Elsevier, vol. 12(3), pages 191-208, March.
    2. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1, March.
    3. Mayer, Thomas, 1993. "Friedman's Methodology of Positive Economics: A Soft Reading," Economic Inquiry, Western Economic Association International, vol. 31(2), pages 213-223, April.
    4. Boulding, Kenneth E, 1969. "Economics as a Moral Science," American Economic Review, American Economic Association, vol. 59(1), pages 1-12, March.
    5. Fleurbaey, Marc, 2012. "Fairness, Responsibility, and Welfare," OUP Catalogue, Oxford University Press, number 9780199653591, Decembrie.
    6. Vivian Walsh, 2003. "Sen after Putnam," Review of Political Economy, Taylor & Francis Journals, vol. 15(3), pages 315-394.
    7. Olof Johansson-Stenman, 1998. "On the problematic link between fundamental ethics and economic policy recommendations," Journal of Economic Methodology, Taylor & Francis Journals, vol. 5(2), pages 263-297.
    8. Broome, John, 1978. "Choice and Value in Economics," Oxford Economic Papers, Oxford University Press, vol. 30(3), pages 313-333, November.
    9. D. Wade Hands, 2003. "Did Milton Friedman's methodology license the Formalist Revolution?," Journal of Economic Methodology, Taylor & Francis Journals, vol. 10(4), pages 507-520.
    10. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Robert Kaestner, 1995. "The Effects of Cocaine and Marijuana Use on Marriage and Marital Stability," NBER Working Papers 5038, National Bureau of Economic Research, Inc.
    2. Stern, David I., 1997. "Limits to substitution and irreversibility in production and consumption: A neoclassical interpretation of ecological economics," Ecological Economics, Elsevier, vol. 21(3), pages 197-215, June.
    3. Cheng Li, 2019. "Morality and value neutrality in economics: a dualist view," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 12(2), pages 97-118, May.
    4. Michael Hechter, 1994. "The Role of Values in Rational Choice Theory," Rationality and Society, , vol. 6(3), pages 318-333, July.
    5. Veisten, Knut, 2007. "Contingent valuation controversies: Philosophic debates about economic theory," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(2), pages 204-232, April.
    6. Herbert Simon, 2000. "Bounded rationality in social science: Today and tomorrow," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 1(1), pages 25-39, March.
    7. Gowdy, John M. & Ferreri Carbonell, Ada, 1999. "Toward consilience between biology and economics: the contribution of Ecological Economics," Ecological Economics, Elsevier, vol. 29(3), pages 337-348, June.
    8. Morey, Edward & Thiene, Mara, 2012. "A parsimonious, stacked latent-class methodology for predicting behavioral heterogeneity in terms of life-constraint heterogeneity," Ecological Economics, Elsevier, vol. 74(C), pages 130-144.
    9. Robert William Fogel, 1992. "PROBLEMS IN MODELING COMPLEX DYNAMIC INTERACTIONS: THE POLITICAL REALIGNMENT OF THE 1850s," Economics and Politics, Wiley Blackwell, vol. 4(3), pages 215-254, November.
    10. Paula England & Barbara Stanek Kilbourne, 1990. "Feminist Critiques of the Separative Model of Self," Rationality and Society, , vol. 2(2), pages 156-171, April.
    11. Neil J. Smelser, 1992. "The Rational Choice Perspective," Rationality and Society, , vol. 4(4), pages 381-410, October.
    12. Eduardo Strachman & Jos Ricardo Fucidji, 2012. "The Current Financial And Economic Crisis Empirical And Methodological Issues," Journal of Advanced Studies in Finance, ASERS Publishing, vol. 3(1), pages 95-109.
    13. Eriksson, Ralf, 2005. "On the ethics of environmental economics as seen from textbooks," Ecological Economics, Elsevier, vol. 52(4), pages 421-435, March.
    14. Gowdy, John M. & Mayumi, Kozo, 2001. "Reformulating the foundations of consumer choice theory and environmental valuation," Ecological Economics, Elsevier, vol. 39(2), pages 223-237, November.
    15. Hans-Peter Blossfeld & Erik Klijzing & Katharina Pohl & Götz Rohwer, 1999. "Why Do Cohabiting Couples Marry? An Example of a Causal Event History Approach to Interdependent Systems," Quality & Quantity: International Journal of Methodology, Springer, vol. 33(3), pages 229-242, August.
    16. Galanis, Giorgos & Veneziani, Roberto, 2022. "Behavioural utilitarianism and distributive justice," Economics Letters, Elsevier, vol. 215(C).
    17. Pedro Nuno Teixeira, 2010. "Gary S. Becker," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 1, Edward Elgar Publishing.
    18. S. Abu Turab Rizvi, 2001. "Preference Formation and the Axioms of Choice," Review of Political Economy, Taylor & Francis Journals, vol. 13(2), pages 141-159.
    19. Martin Werding, 2014. "Children are costly, but raising them may pay," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 30(8), pages 253-276.
    20. Wenzel Matiaske, 2004. "Pourquoi pas? Rational Choice as a Basic Theory of HRM," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(2), pages 249-263.

    More about this item

    Keywords

    value; norm; ethics; information base;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:grt:wpegrt:2019-01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ernest Miguelez (email available below). General contact details of provider: https://edirc.repec.org/data/ifredfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.