IDEAS home Printed from https://ideas.repec.org/a/ucp/jlstud/v29y2000i2p1005-36.html
   My bibliography  Save this article

The Costs of Tragedy: Some Moral Limits of Cost-Benefit Analysis

Author

Listed:
  • Nussbaum, Martha C

Abstract

In all situations of choice, we face a question that I call "the obvious question": what shall we do? But sometimes we also face, or should face, a different question, which I call "the tragic question": is any of the alternatives open to us free from serious moral wrongdoing? Discussing cases of tragic conflict from literature, philosophy, and contemporary life, I argue that it is valuable to face the tragic question where it is pertinent, because facing it helps us think how we might design a society where such unpalatable choices do not confront people, or confront them less often. Cost-benefit analysis helps us answer the obvious question; but it does not help us either pose or answer the tragic question, and it frequently obscures the presence of a tragic situation, by suggesting that the obvious question is the only pertinent question. I apply these reflections to thinking about basic entitlements of citizens, such as might be embodied in constitutional guarantees. Copyright 2000 by the University of Chicago.

Suggested Citation

  • Nussbaum, Martha C, 2000. "The Costs of Tragedy: Some Moral Limits of Cost-Benefit Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 29(2), pages 1005-1036, June.
    • Handle: RePEc:ucp:jlstud:v:29:y:2000:i:2:p:1005-36
    DOI: 10.1086/468103
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1086/468103
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: https://libkey.io/10.1086/468103?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Richard O. Zerbe, 2013. "Ethical benefit–cost analysis as art and science: ten rules for benefit–cost analysis," Chapters, in: Scott O. Farrow & Richard Zerbe, Jr. (ed.), Principles and Standards for Benefit–Cost Analysis, chapter 8, pages 264-293, Edward Elgar Publishing.
    2. Ferreiro, Maria de Fátima & Gonçalves, Maria Eduarda & Costa, Ana, 2013. "Conflicting values and public decision: The Foz Côa case," Ecological Economics, Elsevier, vol. 86(C), pages 129-135.
    3. David Colander & KimMarie McGoldrick, 2009. "The Economics Major as Part of a Liberal Education: The Teagle Report," American Economic Review, American Economic Association, vol. 99(2), pages 611-618, May.
    4. Pasi Heikkurinen & Jukka Mäkinen, 2018. "Synthesising Corporate Responsibility on Organisational and Societal Levels of Analysis: An Integrative Perspective," Journal of Business Ethics, Springer, vol. 149(3), pages 589-607, May.
    5. Thomas Thaler, 2021. "Just retreat—how different countries deal with it: examples from Austria and England," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 11(3), pages 412-419, September.
    6. Joshua Chen-Yuan Teng & Joseph Tao-yi Wang & C. C. Yang, 2020. "Justice, what money can buy: a lab experiment on primary social goods and the Rawlsian difference principle," Constitutional Political Economy, Springer, vol. 31(1), pages 45-69, March.
    7. Ajit Nayak, 2016. "Wisdom and the Tragic Question: Moral Learning and Emotional Perception in Leadership and Organisations," Journal of Business Ethics, Springer, vol. 137(1), pages 1-13, August.
    8. Michael Rushton, 2011. "Artistic Freedom," Chapters, in: Ruth Towse (ed.), A Handbook of Cultural Economics, Second Edition, chapter 6, Edward Elgar Publishing.
    9. Heidi Peterson, 2023. "Cost–Benefit Analysis (CBA) or the Highway? An Alternative Road to Investigating the Value for Money of International Development Research," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 35(2), pages 260-280, April.
    10. repec:hal:journl:hal-01023795 is not listed on IDEAS
    11. Swann Bommier & Cécile Renouard, 2014. "On Equity in India's Water Supply Public-Private Partnerships," Working Papers hal-01023795, HAL.
    12. Rosemary Lowry & Martin Peterson, 2012. "Cost-benefit analysis and non-utilitarian ethics," Politics, Philosophy & Economics, , vol. 11(3), pages 258-279, August.
    13. Bommier, Swann & Renouard, Cécile, 2014. "On Equity in India's Water Supply Public-Private Partnerships," ESSEC Working Papers WP1411, ESSEC Research Center, ESSEC Business School.
    14. A. R. Siders, 2019. "Social justice implications of US managed retreat buyout programs," Climatic Change, Springer, vol. 152(2), pages 239-257, January.
    15. Ewa Roszkowska & Tom R. Burns, 2010. "Fuzzy Bargaining Games: Conditions of Agreement, Satisfaction, and Equilibrium," Group Decision and Negotiation, Springer, vol. 19(5), pages 421-440, September.

    More about this item

    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:ucp:jlstud:v:29:y:2000:i:2:p:1005-36. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Journals Division (email available below). General contact details of provider: https://www.journals.uchicago.edu/JLS .

    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.