Some Reflections on the Role of Moral Reasoning in Economics
People seem to be motivated by moral ideas and in this paper I discuss how we should take this into account in positive and normative economics. I review alternative ways of modelling moral motivation and reasoning in positive economics and discuss how the presence of moral motivation may challenge the standard framework of welfare economics. I also discuss the need for invoking non-welfaristic principles in normative economics and whether these principles can be reconciled with the Pareto principle.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kjell Arne Brekke & Snorre Kverndokk & Karinen Nyborg, 2000.
"An Economic Model of Moral Motivation,"
290, Research Department of Statistics Norway.
- Marc Fleurbaey & Alain Trannoy, 2003.
"The impossibility of a Paretian egalitarian,"
Social Choice and Welfare,
Springer, vol. 21(2), pages 243-263, October.
- Brun, B.C. & Tungodden, B., 1998. "The Indexing Impasse: Is "the Intersection Approach" a Solution?," Papers 24/98, Norwegian School of Economics and Business Administration-.
- Fleurbaey, Marc, 1995. "Equal Opportunity or Equal Social Outcome?," Economics and Philosophy, Cambridge University Press, vol. 11(01), pages 25-55, April.
- Marc Fleurbaey & Bertil Tungodden & Howard F. Chang, 2003. "Any Non-welfarist Method of Policy Assessment Violates the Pareto Principle: A Comment," Journal of Political Economy, University of Chicago Press, vol. 111(6), pages 1382-1386, December.
- Sen, Amartya, 1997. "On Economic Inequality," OUP Catalogue, Oxford University Press, number 9780198292975, March.
- Sen, Amartya Kumar, 1970. "The Impossibility of a Paretian Liberal," Scholarly Articles 3612779, Harvard University Department of Economics.
- M. Rabin, 2001.
"Incorporating Fairness into Game Theory and Economics,"
Levine's Working Paper Archive
511, David K. Levine.
- Rabin, Matthew, 1993. "Incorporating Fairness into Game Theory and Economics," American Economic Review, American Economic Association, vol. 83(5), pages 1281-1302, December.
- Matthew Rabin., 1992. "Incorporating Fairness into Game Theory and Economics," Economics Working Papers 92-199, University of California at Berkeley.
- Sen, Amartya, 1970. "The Impossibility of a Paretian Liberal," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 152-57, Jan.-Feb..
- Fleurbaey, Marc, 1995. "Equality and responsibility," European Economic Review, Elsevier, vol. 39(3-4), pages 683-689, April.
- Sen, Amartya K, 1973. "Behaviour and the Concept of Preference," Economica, London School of Economics and Political Science, vol. 40(159), pages 241-59, August.
- Sen, Amartya, 1993. "Internal Consistency of Choice," Econometrica, Econometric Society, vol. 61(3), pages 495-521, May.
- Alexander W. Cappelen & Bertil Tungodden, 2002. "Responsibility and Reward," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 59(1), pages 120-, February.
- Suzumura, Kotaro, 2001. "Pareto principles from Inch to Ell," Economics Letters, Elsevier, vol. 70(1), pages 95-98, January.
When requesting a correction, please mention this item's handle: RePEc:noj:journl:v:30:y:2004:p:49-59. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Halvor Mehlum)
If references are entirely missing, you can add them using this form.