The importance of defining the feasible set

Economics and Philosophy 23 (1):1-14 (2007)

How should we define the feasible set? Even when individuals agree on facts and values, as traditionally construed, different views on feasibility may suffice to produce very different policy conclusions. Focusing on the difficulties in the feasibility concept may help us resolve some policy disagreements, or at least identify the sources of those disagreements. Feasibility is most plausibly a matter of degree rather than of kind. Normative economic reasoning therefore faces a fuzzy social budget constraint. Iterative reasoning about feasibility and desirability may help us overcome these problems
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DOI 10.1017/s0266267107001198
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References found in this work BETA

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Citations of this work BETA

Understanding Political Feasibility.Holly Lawford-Smith - 2013 - Journal of Political Philosophy 21 (3):243-259.
Motivational Limitations on the Demands of Justice.David Wiens - 2016 - European Journal of Political Theory 15 (3):333-352.
Prescribing Institutions Without Ideal Theory.David Wiens - 2012 - Journal of Political Philosophy 20 (1):45-70.
Political Ideals and the Feasibility Frontier.David Wiens - 2015 - Economics and Philosophy 31 (3):447-477.
Will the Real Principles of Justice Please Stand Up?David Wiens - 2017 - In Kevin Vallier & Michael Weber (eds.), Political Utopias: Contemporary Debates. Oxford University Press.

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