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Value judgments and value neutrality in economics

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  • Mongin, Philippe

Abstract

The paper analyzes economic evaluations by distinguishing evaluative statements from value judgments proper. Building on 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.

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File URL: http://mpra.ub.uni-muenchen.de/37751/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 37751.

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Date of creation: 2005
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Handle: RePEc:pra:mprapa:37751

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Related research

Keywords: Value Judgments; Value Neutrality; Positive-Normative Distinction; Welfare Economics; Robbins; Weber;

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References

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  1. MONGIN, Philippe & d'ASPREMONT, Claude, . "Utility theory and ethics," CORE Discussion Papers RP -1423, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. 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.
  3. Mongin, Philippe, 2006. "Normes et jugements de valeur en économie normative," Les Cahiers de Recherche 858, HEC Paris.
  4. Sen, Amartya, 1991. "Welfare, preference and freedom," Journal of Econometrics, Elsevier, vol. 50(1-2), pages 15-29, October.
  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. P. Mongin, 2000. "Is there progress in normative economics ?," THEMA Working Papers 2000-37, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
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Cited by:
  1. Sophie Jallais & Pierre-Charles Pradier & David Teira, 2008. "Facts, Norms and Expected Utility Functions," Post-Print halshs-00274361, HAL.
  2. Sophie Jallais & Pierre-Charles Pradier & David Teira, 2008. "Facts, Norms and Expected Utility Functions," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00274361, HAL.
  3. Mongin, Philippe, 2006. "Normes et jugements de valeur en économie normative," Les Cahiers de Recherche 858, HEC Paris.
  4. 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).
  5. 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.
  6. Marcelo Resende & Rodrigo M. Zeidan, 2007. "Lionel Robbins: A Methodological Reappraisal," CESifo Working Paper Series 2165, CESifo Group Munich.
  7. Antoinette Baujard, 2013. "Value judgments and economics expertise," Working Papers halshs-00803552, HAL.

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