Elements of an Evolutionary Theory of Welfare

Assessing Welfare When Preferences Change

Business & Finance, Economics, Theory of Economics
Cover of the book Elements of an Evolutionary Theory of Welfare by Martin Binder, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Martin Binder ISBN: 9781136956164
Publisher: Taylor and Francis Publication: May 4, 2010
Imprint: Routledge Language: English
Author: Martin Binder
ISBN: 9781136956164
Publisher: Taylor and Francis
Publication: May 4, 2010
Imprint: Routledge
Language: English

It has always been an important task of economics to assess individual and social welfare. The traditional approach has assumed that the measuring rod for welfare is the satisfaction of the individual’s given and unchanging preferences, but recent work in behavioural economics has called this into question by pointing out the inconsistencies and context-dependencies of human behaviour. When preferences are no longer consistent, we have to ask whether a different measure for individual welfare can, and should, be found.

This book goes beyond the level of preference and instead considers whether a hedonistic view of welfare represents a viable alternative, and what its normative implications are. Offering a welfare theory with stronger behavioural and evolutionary foundations, Binder follows a naturalistic methodology to examine the foundations of welfare, connecting the concept with a dynamic theory of preference learning, and providing a more realistic account of human behaviour.

This book will be of interest to researchers and those working in the fields of welfare economics, behavioural and evolutionary economics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

It has always been an important task of economics to assess individual and social welfare. The traditional approach has assumed that the measuring rod for welfare is the satisfaction of the individual’s given and unchanging preferences, but recent work in behavioural economics has called this into question by pointing out the inconsistencies and context-dependencies of human behaviour. When preferences are no longer consistent, we have to ask whether a different measure for individual welfare can, and should, be found.

This book goes beyond the level of preference and instead considers whether a hedonistic view of welfare represents a viable alternative, and what its normative implications are. Offering a welfare theory with stronger behavioural and evolutionary foundations, Binder follows a naturalistic methodology to examine the foundations of welfare, connecting the concept with a dynamic theory of preference learning, and providing a more realistic account of human behaviour.

This book will be of interest to researchers and those working in the fields of welfare economics, behavioural and evolutionary economics.

More books from Taylor and Francis

Cover of the book Thinking for Clinicians by Martin Binder
Cover of the book Rewriting Ancient Jewish History by Martin Binder
Cover of the book Honing Your Knowledge Skills by Martin Binder
Cover of the book Islam and Women's Income by Martin Binder
Cover of the book Information Law in Practice by Martin Binder
Cover of the book Masculinities and Literary Studies by Martin Binder
Cover of the book Gerard Manley Hopkins and Victorian Catholicism by Martin Binder
Cover of the book Cybercrime in Progress by Martin Binder
Cover of the book Learning from Singapore by Martin Binder
Cover of the book New Directions in Urban Public Housing by Martin Binder
Cover of the book Public Space by Martin Binder
Cover of the book Diverse Early Childhood Education Policies and Practices by Martin Binder
Cover of the book A Global Corporate Trust for Agroecological Integrity by Martin Binder
Cover of the book Delinquency and Opportunity by Martin Binder
Cover of the book Regional Cooperation for Peace and Development by Martin Binder
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy