Economics and Philosophy 26 (3):321-344 (2010)

Authors
Daniel Hausman
University of Wisconsin, Madison
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 ‘objective happiness’ – 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

Anarchy, State, and Utopia.Robert Nozick - 1974 - New York: Basic Books.
What We Owe to Each Other.Thomas Scanlon - 1998 - Belknap Press of Harvard University Press.
The Theory of Moral Sentiments.Adam Smith - 1759 - Dover Publications.
Morals by Agreement.David P. Gauthier - 1986 - 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.
What If Well-Being Measurements Are Non-Linear?Daniel Wodak - 2019 - Australasian Journal of Philosophy 97 (1):29-45.
The Futile Search for True Utility.Roberto Fumagalli - 2013 - Economics and Philosophy 29 (3):325-347.
Happiness.Dan Haybron - forthcoming - Stanford Encyclopedia of Philosophy.

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On the Econ Within.Daniel M. Hausman - 2016 - Journal of Economic Methodology 23 (1):26-32.
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