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Moral Good and Right Conduct: A General Theory of Welfare under Fundamental Uncertainty

Silva Marzetti Dall’Aste Brandolini

Chapter 12 in Fundamental Uncertainty, 2011, pp 294-330 from Palgrave Macmillan

Abstract: Abstract The methodological foundation of economic science is the postulate of rationality, which is its conceptual core. Simon (1978, p. 369) considers economics as that science which celebrates human rationality in all the ways that it reveals itself.

Keywords: Subjective Probability; Social Welfare Function; Objective Probability; Moral Rule; Instrumental Rationality (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30568-7_12

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DOI: 10.1057/9780230305687_12

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