The Possibility of a Welfare Policy in a World of Emotion-Driven Individuals: A Humean Point of View
Based on Hume's major philosophical works and on some of his Essays, this paper discusses formally the feasibility, from a Humean point of view, of a welfare policy which would aim at promoting the highest individual happiness whereas individual decisions, like individual happiness, are determined not only by allocations of goods, but also by an emotional state. It is shown that both the intertemporal structure of the problem and the role that Hume granted to the ‘calm passion' allow solving the problem, at least in principle.
|Date of creation:||2011|
|Publication status:||Published in Ragip Ege and Herrade Igersheim. Freedom and happiness in economic thought and philosophy, Routledge, pp.212-228, 2011|
|Note:||View the original document on HAL open archive server: https://hal-paris1.archives-ouvertes.fr/hal-00538106v2|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
References listed on IDEAS
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- Marc-Arthur Diaye & Andre Lapidus, 2005.
"A Humean theory of choice of which rationality may be one consequence,"
The European Journal of the History of Economic Thought,
Taylor & Francis Journals, vol. 12(1), pages 89-111.
- Marc-Arthur Diaye & André Lapidus, 2005. "A Humean Theory of Choice of which Rationality May Be One Consequence," Post-Print hal-00343841, HAL.
- Marc-Arthur Diaye & Andre Lapidus, 2005. "Why rationality may be a consequence of Hume's theory of choice," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 12(1), pages 119-126.
- Marc-Arthur Diaye & André Lapidus, 2005. "Why Rationality May Be a Consequence of Hume's Theory of Choice," Post-Print hal-00343872, HAL.
- Ignacio Palacios-Huerta, 2003. "Time-Inconsistent Preferences in Adam Smith and David Hume," History of Political Economy, Duke University Press, vol. 35(2), pages 241-268, Summer.
- Ignacio Palacios-Huerta, 2001. "Time Inconsistent Preferences in Adam Smith and David Hume," Working Papers 2001-19, Brown University, Department of Economics.
- Andre Lapidus, 2010. "The valuation of decision and individual welfare: a Humean approach," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(1), pages 1-28.
- André Lapidus, 2010. "The Valuation of Decision and Individual Welfare: A Humean Approach," Post-Print hal-00344868, HAL.
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