THE IMPORTANCE OF DEFINING THE FEASIBLE SET

Author:

COWEN TYLER

Abstract

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.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Philosophy

Reference45 articles.

Cited by 16 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Consequentialism and the ideal theory debate in political philosophy;Journal of Social Philosophy;2024-08-07

2. Making sense of feasibility constraints. An agent-centered account;Critical Review of International Social and Political Philosophy;2024-04-13

3. Conservative liberalism: Hume, Smith, and Burke as policy liberals and polity conservatives;Journal of Economic Behavior & Organization;2021-03

4. Conservative Liberalism: Hume, Smith, and Burke as Policy Liberals and Polity Conservatives;SSRN Electronic Journal;2020

5. FEASIBILITY FOUR WAYS;Social Philosophy and Policy;2017

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