European Parliament Library

Economic evaluation, cost-benefit analysis, economic ethics, a review with regard to climate change - figures in the sustainability discourse, Felix Ekardt

Economic evaluation, cost-benefit analysis, economic ethics, a review with regard to climate change - figures in the sustainability discourse, Felix Ekardt
Bibliography note
Includes bibliographical references and index
index present
Literary Form
non fiction
Main title
Economic evaluation, cost-benefit analysis, economic ethics
Nature of contents
Responsibility statement
Felix Ekardt
Series statement
Environmental Humanities: Transformation, Governance, Ethics, Law
Sub title
a review with regard to climate change - figures in the sustainability discourse
Table Of Contents
Intro -- Mission Statement: New Series Environmental Humanities - Transformation, Governance, Ethics, Law -- Preface -- Contents -- 1: Problem and Fundaments -- 1.1 Problem: Economic Evaluation and the Empiricist Paradigm - Attempts to Rationalize Decisions Without Ethics -- 1.2 Concepts: Economic Evaluation, Cost-Benefit Analysis, Related Approaches Such as Economic Ethics - and Their Methods, Especially in Climate Protection -- 1.3 Further Background: Sustainability and Climate Protection -- 1.4 Epistemological and Methodological Remarks: Objective vs. Subjective, Is vs. Ought, Genesis vs. Validity, Normative vs. Instrumental and Theoretical Rationality -- References -- 2: Idea-Historical Foundations and Dubious (Standard) Objections to Cost-Benefit Analysis -- 2.1 Philosophical and Historical Foundations of an Empiricism of Normativity in the Form of Cost-Benefit Analysis -- 2.1.1 From Nominalism and Calvinism to Hobbes and the Beginnings of Epistemological Empiricism - First Highlight -- 2.1.2 From Hume to Smith and the Economic Classics - Second Highlight -- 2.2 Why Common Criticisms of Cost-Benefit Analysis and Their Empiricist/Utilitarian Basis in Ethics Are Not Convincing -- 2.2.1 Homo Oeconomicus, Bounded Rationality, Behavioral Economics and the Blending of Descriptive Anthropology and Normative Theory -- 2.2.2 Criticism of Cost-Benefit Analysis as Normative and Therefore Unscientific and Subjective Theory -- 2.2.3 Criticism of Balancing (or Consequentialism) as Such in the Tradition of Kantian Criticism of Utilitarianism -- 2.2.4 Criticism of Quantification with Reference to Humans and Nature per se and of a Price for Environmental Goods -- 2.2.5 Criticism of Lack of Information - And to the Effect That Scientific Uncertainties Lead to Skewed Assessments on the Part of Scientists2.2.6 Criticism of the Concept of Utility as Well as Hidden Distributive Justice - True vs. False Utility and Intrinsic vs. Merely Instrumental Values -- 2.2.7 Criticism of Individualism -- 2.2.8 Criticism of Economic Policy Instruments - Necessarily Connected with (Criticism of) Economic Evaluation? -- 2.2.9 Marxist Criticism of Capitalism and Conservative Criticism of Modernity - Argument Against Cost-Benefit Analysis? -- References -- 3: Frictions on the Application Level: Costs and Benefits, Discounting, Uncertainty, Fact Base -- 3.1 Frictions of the Determination of Explicit and Implicit Preferences Respectively Costs and Benefits -- 3.2 Problems of Economic Dealing with Risk and Uncertainty -- 3.3 Problems of the Debate on Discounting -- 3.4 Frictions of the Empirical Foundations: Especially on the Technology and Growth Orientation of Cost-Benefit Analysis -- References -- 4: Collision of the Cost-Benefit Analysis with Liberal-Democratic Basic Principles and the Claim of Validity of Law -- 4.1 Common Economic Views on Law - And Legal Views on Economic Approaches, Taking into Account the Relationship Between (Interpretation of) Law and Ethics -- 4.2 Claim of Validity of Law and Representative Democracy -- 4.3 Legal Balancing Rules as a Means of Limiting the Scope of Political Decision-Making - And the Extent to Which They Contain Cost-Benefit-Analytical Yardsticks -- References -- 5: Cost-Benefit Analysis Without Convincing Theoretical Basis -- 5.1 Theoretical Frictions of Cost-Benefit Analysis as Empiricist Ethics - And (Heterodox) Discourse-Ethical Alternatives -- 5.2 Economic Ethics: Modified Empiricist/Utilitarian Ethics Instead of Cost-Benefit Analysis as Way Out? -- 5.3 Analogous Problems of Crypto-Natural Scientific Risk-Benefit Analyses and Sustainability Indicators -- References6: Remaining Relevance of Cost-Benefit Elements in Balancing -- 6.1 Sociology: Why Is Insight into the Limits of Common Economics so Little Received? -- 6.2 Why a Deflated Cost-Benefit Analysis Nevertheless Remains Useful for Ethics and Law - And a Conclusion -- References -- Summary -- Glossary -- Bibliography -- Index

Incoming Resources