Cost-benefit analysis and non-utilitarian ethics
Rosemary Lowry and
Martin Peterson
Politics, Philosophy & Economics, 2012, vol. 11, issue 3, 258-279
Abstract:
Cost-benefit analysis is commonly understood to be intimately connected with utilitarianism and incompatible with other moral theories, particularly those that focus on deontological concepts such as rights. We reject this claim and argue that cost-benefit analysis can take moral rights as well as other non-utilitarian moral considerations into account in a systematic manner. We discuss three ways of doing this, and claim that two of them (output filters and input filters) can account for a wide range of rights-based moral theories, including the absolute notions of moral rights proposed by Hayek, Mayo, Nozick, and Shue. We also discuss whether the use of output filters and input filters can be generalized to cover other non-utilitarian theories, such as Kantian duty ethics and virtue ethics.
Keywords: cost-benefit analysis; utilitarianism; rights; output filter; transformative decision rule (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/1470594X11416767 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sae:pophec:v:11:y:2012:i:3:p:258-279
DOI: 10.1177/1470594X11416767
Access Statistics for this article
More articles in Politics, Philosophy & Economics
Bibliographic data for series maintained by SAGE Publications ().