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Modeling Tolerance

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  • Frederick Schauer

Abstract

Decisions about intervention can be understood as decisions about tolerance, because an act of tolerance is an act of nonintervention, and, conversely, an act of intervention can be understood as an act of intolerance. But acts of tolerance, typically made under conditions of epistemic uncertainty, may turn out to have been mistaken, just as acts of intolerance, also typically made under conditions of epistemic uncertainty, may also turn out to have been mistaken. And thus we can see the decision to tolerate or not as a decision-theoretic problem, susceptible to modeling using familiar tools of decision theory.

Suggested Citation

  • Frederick Schauer, 2014. "Modeling Tolerance," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 170(1), pages 83-95, March.
    • Handle: RePEc:mhr:jinste:urn:sici:0932-4569(201403)170:1_83:mt_2.0.tx_2-8
    DOI: 10.1628/093245613X13871984731248
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    References listed on IDEAS

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    1. Ritov, Ilana & Baron, Jonathan, 1992. "Status-Quo and Omission Biases," Journal of Risk and Uncertainty, Springer, vol. 5(1), pages 49-61, February.
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    More about this item

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • K2 - Law and Economics - - Regulation and Business Law
    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior

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