Table of contents for Economic analysis, moral philosophy, and public policy / Daniel M. Hausman, Michael S. McPherson.

Bibliographic record and links to related information available from the Library of Congress catalog.

Note: Contents data are machine generated based on pre-publication provided by the publisher. Contents may have variations from the printed book or be incomplete or contain other coding.


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Table of Contents
Preface
INTRODUCTION
Chapter 1: Ethics and Economics?
1.1 What Are Moral Questions and How Can They Be Answered?
1.2 How Is Moral Philosophy Relevant to Economics?
1.3 Organization
Chapter 2: Normative Economics: Two Examples
2.1 A Shocking Memorandum
2.2 Eight Distinctive Features of Welfare Economics
2.3 The Economic Benefits of Exporting Pollution to LDCs
2.4 Summers' Argument and a Further Feature of Welfare Economics
2.5 Is Summers Right? Should the World Bank Encourage Migration of Dirty Industries to LDCs?
2.6 School Vouchers
2.7 Conclusions
Chapter 3: How Ethics Matters to Positive Economics: Two Examples
3.1 Is Unemployment Involuntary?
3.2 Overlapping Generations
3.3 Conclusions
PART I: RATIONALITY AND MORALITY
Chapter 4: Rationality
4.1 Certainty and Ordinal Utility Theory
4.2 Expected Utility Theory
4.3 Questions about Utility Theory
Chapter 5: Rationality in Positive and Normative Economics
5.1 Rationality and Positive Economics
5.2 Self-interest, Preference Satisfaction, and Welfare Economics
5.3 Rationality and Ethics in Positive Economics
5.4 Self-interest and Moral Motivation
5.5 Conclusions
Chapter 6: Rationality, Norms, and Morality
6.1 Rationality and Self-interest
6.2 The Influence of Moral Norms on Economic Behavior
6.3 How Do Norms Motivate and What Sustains Them?
6.4 Philosophical Implications
6.5 Morality and Utility Theory
6.6 Conclusion: On the Rationality of Morality
PART II: WELFARE AND CONSEQUENCES
Chapter 7: Utilitarianism and Consequentialism
7.1 Clarifying Utilitarianism
7.2 Interpersonal Comparisons of Well-being
7.3 Justifying Utilitarianism
7.4 Contemporary Consequentialism
7.5 Is Utilitarianism Plausible?
7.6 Consequentialism and Deontology
7.7 Conclusion: Should Economists Embrace Utilitarianism?
Chapter 8: Welfare
8.1 Theories of Well-being
8.2 Is the Standard View of Welfare Plausible?
8.3 Implications of Taking Well-being to be the Satisfaction of Preferences
8.4 Modifying the Preference--Satisfaction View
8.5 Alternative Theories of Welfare
8.6 Conclusions
Chapter 9: Efficiency
9.1 "Efficiency" as Pareto Optimality
9.2 How Welfare Economics Narrows Normative Questions
9.3 Cost--Benefit Analysis
9.4 Objections to Cost--Benefit Analysis
9.5 Cost--Benefit Analysis as a Social Practice
9.6 Conclusion: Welfare Economics in Limbo
PART III: LIBERTY, RIGHTS, EQUALITY, AND JUSTICE
Chapter 10: Liberty, rights, and libertarianism
10.1 Freedom
10.2 What Are Rights?
10.3 The Importance of Rights
10.4 The Justification of Rights
10.5 Weighing Rights, Liberties, and Welfare
10.6 Libertarianism
Chapter 11: Equality and Egalitarianism
11.1 Why Equalize?
11.2 Equality of What?
11.3 Complex Equality and Equality of Moral Status
11.4 The Measurement and Importance of Inequality
Chapter 12: Justice and Contractualism
12.1 The Social Contract Idea
12.2 Justice as Reciprocity: Rawls' Theory of Justice
12.3 Justice as Mutual Advantage: David Gauthier
12.4 Conclusion: Social Contract Reasoning and Economics
PART IV: MORAL MATHEMATICS
Chapter 13: Social Choice Theory
13.1 The Social Welfare Function and Arrow's Theorem
13.2 The Interpretation of Arrow's Theorem
13.3 Social Choice Theory and Moral Philosophy
13.4 The Paradox of the Paretian Liberal
13.5 The Range of Social Choice Theory
13.6 Conclusions
Chapter 14: Game Theory
14.1 What Is a Game?
14.2 Moral Philosophy and Some Simple Games
14.3 Cooperation and Justice
14.4 Paradoxes and Difficulties
14.5 Bargaining Theory and the Social Contract
CONCLUSIONS
Chapter 15: Pollution Transfers and School Vouchers: Normative Economics Reconsidered
15.1 Do Vouchers and Pollution Transfers Make People Better Off?
15.2 A Utilitarian Perspective on Pollution Transfers
15.3 Other Ways of Evaluating Vouchers and Pollution Transfers
15.4 Conclusions
Chapter 16: Economics and Ethics, Hand in Hand
16.1 Involuntary Unemployment and Moral Baselines
16.2 The Overlapping Generations Example
16.3 Pressing Problems
16.4 Conclusions
Appendix: How Could Ethics Matter to Economics?
A.1 Objection 1: Economics as Engineers
A.2 Objection 2: Positive Economics Is Value-free
A.3 The Rationality of Normative Inquiry
A.4 How Knowing Ethics Contributes to Positive Economics
A.5 Conclusions
Glossary
References
Index

Library of Congress Subject Headings for this publication:

Economics -- Moral and ethical aspects.
Ethics.
Public policy.