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Value judgment and economics expertise

Author

Listed:
  • Antoinette Baujard

    (GATE Lyon Saint-Étienne - Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - UCBL - Université Claude Bernard Lyon 1 - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique)

Abstract

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.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Antoinette Baujard, 2014. "Value judgment and economics expertise," Post-Print halshs-01103236, HAL.
    • Handle: RePEc:hal:journl:halshs-01103236
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    Citations

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    Cited by:

    1. Antoinette Baujard, 2016. "Utilitarianism and anti-utilitarianism," Chapters, in: Gilbert Faccarello & Heinz D. Kurz (ed.), Handbook on the History of Economic Analysis Volume III, chapter 40, pages 576-588, Edward Elgar Publishing.
    2. Paolo Silvestri, 2016. "Disputed (Disciplinary) Boundaries: Philosophy, Economics and Value Judgments," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 24(3), pages 187-221.
    3. Silvestri, Paolo, 2015. "Disputed (Disciplinary) Boundaries. Philosophy, Economics, Value Judgments," CESMEP Working Papers 201504, University of Turin.
    4. Antoinette Baujard, 2021. "Values in Welfare economics," Working Papers halshs-03244909, HAL.
    5. Antoinette Baujard & Muriel Gilardone, 2013. "Individual judgments and social choice in Sen's idea of justice and democracy," Post-Print halshs-00950320, HAL.
    6. Antoinette Baujard, 2024. "Citizen Knowledge & the debate on information in welfare economics in perspective. Beyond the True-False and the Positive-Normative Entanglements," Working Papers 2421, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    7. Meinard, Y. & Cailloux, O., 2020. "On justifying the norms underlying decision support," European Journal of Operational Research, Elsevier, vol. 285(3), pages 1002-1010.
    8. Antoinette Baujard, 2022. "Ethics and Technique in Welfare Economics: How Welfarism Evolves in the Making," Revue économique, Presses de Sciences-Po, vol. 73(6), pages 1039-1053.
    9. Nicolas Barbaroux & Michel Bellet, 2014. "Monetary Policy and Value Judgments : Did we forget Myrdal’s legacy ?," Working Papers 1408, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    10. Nicolas Barbaroux & Michel Bellet, 2013. "Monetary policy and value judgments. Did we forget Myrdal's legacy?," Post-Print halshs-00759880, HAL.

    More about this item

    Keywords

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    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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