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Some reflections on the role of moral reasoning in economics

Tungodden, Bertil
Working paper
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URI
http://hdl.handle.net/11250/162848
Date
2003
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  • Discussion papers (SAM) [582]
Abstract
People seem to be motivated by moral ideas and in this paper I

discuss how we should take this into account in positive and normative

economics. I review alternative ways of modelling moral motivation

and reasoning in positive economics and discuss how the presence of

moral motivation may challenge the standard framework of welfare

economics. I also discuss the need for invoking non-welfaristic principles

in normative economics and whether these principles can be reconciled with the Pareto principle.
Description
Updated June 2004
Publisher
Norwegian School of Economics and Business Administration. Department of Economics
Series
Discussion paper
2003:23

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