Hedonism and welfare economics

Economics and Philosophy 26 (3):321-344 (2010)
Abstract
This essay criticizes the proposal recently defended by a number of prominent economists that welfare economics be redirected away from the satisfaction of people's preferences and toward making people happy instead. Although information about happiness may sometimes be of use, the notion of happiness is sufficiently ambiguous and the objections to identifying welfare with happiness are sufficiently serious that welfare economists are better off using preference satisfaction as a measure of welfare. The essay also examines and criticizes the position associated with Daniel Kahneman and a number of co-authors that takes welfare to be – that is, the sum of momentary pleasures
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DOI 10.1017/S0266267110000398
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References found in this work BETA
Morals by Agreement.David P. Gauthier - 1986 - Oxford University Press.
What We Owe to Each Other.Thomas Scanlon - 1998 - Belknap Press of Harvard University Press.
Utilitarianism.John Stuart Mill - 2009 - In Steven M. Cahn (ed.), Exploring Philosophy: An Introductory Anthology. Oxford University Press.

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Citations of this work BETA
Well-Being Policy: What Standard of Well-Being?Daniel M. Haybron & Valerie Tiberius - 2015 - Journal of the American Philosophical Association 1 (4):712--733.
The Futile Search for True Utility.Roberto Fumagalli - 2013 - Economics and Philosophy 29 (3):325-347.
Scaling Happiness.Jelle de Boer - 2014 - Philosophical Psychology 27 (5):703-718.

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