David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Economic Methodology 1 (2):269-278 (1994)
In the Law and Economics literature optimizing techniques are used when a choice must be made between various legal constructions. Often, an aggregate or collective welfare measure is formulated and the legal rule is selected which generates through efficient individual behavior the aggregate welfare maximum. A problem emerges if an efficient and therefore rational decision is assumed both on the individual level and the aggregate level. The legal rules which play a part in forming the decision problem for the individual efficient decision maker are treated in their turn as an efficient choice seen from the aggregate perspective. In what way then is the aggregate decision problem formulated? Again using the efficiency criterion? If we want to escape an infinite regress then we must include determining factors which cannot be proven efficient.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
|Through your library||Configure|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Anne van Aaken (2002). Deliberative Institutional Economics, or Does Homo Oeconomicus Argue?: A Proposal for Combining New Institutional Economics with Discourse Theory. Philosophy and Social Criticism 28 (4):361-394.
Jan Willem Wieland (2013). Infinite Regress Arguments. Acta Analytica 28 (1):95-109.
Russell Hardin (1992). The Morality of Law and Economics. Law and Philosophy 11 (4):331 - 384.
F. Ben Abdelaziz, P. Lang & R. Nadeau (1999). Dominance and Efficiency in Multicriteria Decision Under Uncertainty. Theory and Decision 47 (3):191-211.
Paul Kabay (2005). An Infinite Temporal Regress is Compatible with the Doctrine of Creatio Originans. International Journal for Philosophy of Religion 57 (2):123 - 138.
Lewis A. Kornhauser (2008). Aggregate Rationality in Adjudication and Legislation. Politics, Philosophy and Economics 7 (1):5-27.
David Gindis (2009). From Fictions and Aggregates to Real Entities in the Theory of the Firm. Journal of Institutional Economics 5 (1):25-46.
P. Weirich (2011). Exclusion From the Social Contract. Politics, Philosophy and Economics 10 (2):148-169.
Anna-Sofia Maurin, Infinite Regress - Virtue or Vice? Hommage à Wlodek.
Andrew D. Cling (2004). The Trouble with Infinitism. Synthese 138 (1):101 - 123.
Jan Willem Wieland (2012). Regress Argument Reconstruction. Argumentation 26 (4):489-503.
Sorry, there are not enough data points to plot this chart.
Added to index2012-02-20
Recent downloads (6 months)0
How can I increase my downloads?