David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Environmental Ethics 9 (1):73-85 (1987)
The appropriateness of economic valuations of the natural environment is defended on the basis of an objective analysis of individuals’ preferences. The egoistic model of “economic man” substantiates economic valuations of instrumental values even when markets do not exist and when consumption and use are not involved. However, “altruistic man’s” genuine commitment to the well-being of others, particularly wildlife and future generations, challenges economic valuations at a fundamental level. In this case, self-interest and an indifference between states of the world are secondary and undefined respectively, since preferences are not based on tradeoffs between the welfare of others and self. The appropriateness of economic valuations rests solely with the empirical validity of the assumptions that give rise to economic man
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Clement Loo, Helen Poulos, James Workman, Annie deBoer & Julia Michaels (2015). How Much is a Healthy River Worth? The Value of Recreation-Based Tourism in the Connecticut River Watershed. Ethics, Policy and Environment 18 (1):44-59.
Similar books and articles
Peter J. Boettke (1998). Formalism and Contemporary Economics: A Reply to Hausman, Heilbroner, and Mayer. Critical Review 12 (1-2):173-186.
Arjo Klamer (2003). A Pragmatic View on Values in Economics. Journal of Economic Methodology 10 (2):191-212.
Steven Rappaport (1996). Abstraction and Unrealistic Assumptions in Economics∗. Journal of Economic Methodology 3 (2):215-236.
Ross B. Emmett (2009). Realism and Relevance in the Economics of a Free Society: The Knight–Hutchison Debate. Journal of Economic Methodology 16 (3):341-350.
George DeMartino (2010). The Economist's Oath: On the Need for and Content of Professional Economic Ethics. Oxford University Press.
Herbert Gintis (2011). The Future of Behavioral Game Theory. Mind and Society 10 (2):97-102.
JesÚ Zamora Bonilla & P. S. (1999). Verisimilitude and the Scientific Strategy of Economic Theory. Journal of Economic Methodology 6 (3):331-350.
Uskali Mäki (ed.) (2001). The Economic World View: Studies in the Ontology of Economics. Cambridge University Press.
Added to index2009-01-28
Total downloads14 ( #246,719 of 1,793,164 )
Recent downloads (6 months)2 ( #344,170 of 1,793,164 )
How can I increase my downloads?