Value judgments and economics expertise
This paper tackles the problem of the demarcation of value judgments in economic expertise. Is it possible to disentangle values from facts, or neutral scientific assertions from value-laden judgments, in the context of economic expertise ? If not, why not ? And if it is, under what conditions ? First, drawing on concepts from analytic philosophy, the paper highlights the interdependencies between descriptive, evaluative, and prescriptive judgments. Second, drawing notably on social studies of science, the paper proposes a definition of ‘expertise’, and translates this into a list of successive stages wherein these different types of judgments are involved. A backward analysis of these stages is provided in order to identify where values stand, and who holds them. Third, reconsidering the positions of neutrality in economics (Mongin 2006), the paper defends the ‘weak non-neutrality’ view in the context of expertise, and concludes with reflections on what could be done to address the problem of democratic legitimacy raised by the difficulty of demarcation.
|Date of creation:||2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 33(0)472 29 30 89
Fax: 33(0)47229 30 90
Web page: http://www.gate.cnrs.fr/
More information through EDIRC
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.:
- Sen, Amartya K, 1980. "Description as Choice," Oxford Economic Papers, Oxford University Press, vol. 32(3), pages 353-69, November.
- Antoinette Baujard, 2011. "L'économie du bien-être est morte. Vive l' économie du bien-être !," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201102, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
- Kolm, Serge-Christophe, 1976. "Unequal inequalities. II," Journal of Economic Theory, Elsevier, vol. 13(1), pages 82-111, August.
- V. Crawford & J. Sobel, 2010.
"Strategic Information Transmission,"
Levine's Working Paper Archive
544, David K. Levine.
- Antoinette Baujard, 2007.
"Conceptions of freedom and ranking opportunity sets. A typology,"
- Antoinette Baujard, 2006. "Conceptions of freedom and ranking opportunity sets. A typology," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 200611, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
- Boulding, Kenneth E, 1969. "Economics as a Moral Science," American Economic Review, American Economic Association, vol. 59(1), pages 1-12, March.
- Antoinette Baujard, 2010. "Collective interest versus individual interest in Bentham's felicific calculus. Questioning welfarism and fairness," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(4), pages 607-634.
- John B. Davis, 2005. "Robbins, Textbooks, and the Extreme Value Neutrality View," History of Political Economy, Duke University Press, vol. 37(2), pages 191-196, Summer.
- Gromb, Denis & Martimort, David, 2007. "Collusion and the organization of delegated expertise," Journal of Economic Theory, Elsevier, vol. 137(1), pages 271-299, November.
- Mongin, Philippe, 2005.
"Value judgments and value neutrality in economics,"
37751, University Library of Munich, Germany.
- Kolm, Serge-Christophe, 1976. "Unequal inequalities. I," Journal of Economic Theory, Elsevier, vol. 12(3), pages 416-442, June.
- David Andrews, 2010. "The Background to Hawtrey's Ethics," History of Political Economy, Duke University Press, vol. 42(2), pages 297-322, Summer.
- Ng, Yew-Kwang, 1972. "Value Judgments and Economists' Role in Policy Recommendation," Economic Journal, Royal Economic Society, vol. 82(327), pages 1014-18, September.
- Gajdos, Thibault & Weymark, John A., 2012. "Introduction to inequality and risk," Journal of Economic Theory, Elsevier, vol. 147(4), pages 1313-1330.
- Márcia Balisciano & Steven G. Medema, 1999. "Positive Science, Normative Man: Lionel Robbins and the Political Economy of Art," History of Political Economy, Duke University Press, vol. 31(5), pages 256-284, Supplemen.
When requesting a correction, please mention this item's handle: RePEc:gat:wpaper:1314. 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: (Nelly Wirth)
If references are entirely missing, you can add them using this form.