Incommensurability and consistency.

Public-policy choices frequently have to be carried out in the presence of incommensurabilities. These incommensurabilities may manifest themselves in the form of incompleteness—that is, some of the options under consideration are not comparable by a decision maker. As a consequence, it may be impos...

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Publicado en:Philosophical Studies Vol. 181; no. 12; pp. 3235 - 3252
Autor principal: Bossert, Walter
Formato: Artículo
Publicado: Springer Nature Dec2024
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Acceso en línea:Ver este registro en EBSCOhost
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        10.1007/s11098-023-02058-7
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        atl: Incommensurability and consistency.
      aug:
        au: Bossert, Walter
        affil: https://ror.org/0161xgx34 CIREQ, University of Montreal, P.O. Box 6128, Station Downtown, H3C 3J7, Montreal, QC, Canada
      su:
        Government policy
        Applied economics
        Decision making
        Money
        Transitivity (Grammar)
      sug:
        subj:
          Government policy
          Applied economics
          Decision making
          Money
          Transitivity (Grammar)
      keyword:
        Economics Applied Economics
        Incommensurability
        Incompleteness
        Suzumura consistency
        Transitivity
      ab: Public-policy choices frequently have to be carried out in the presence of incommensurabilities. These incommensurabilities may manifest themselves in the form of incompleteness—that is, some of the options under consideration are not comparable by a decision maker. As a consequence, it may be impossible to select policies that are at least as good as all competing proposals. When faced with incommensurabilities of this nature, transitivity can be considered too demanding a requirement. An attractive weakening of transitivity consists of a property that Kotaro Suzumura (Economica, 43:381–390, 1976) introduced under the label of consistency. Suzumura consistency postulates that goodness cycles with at least one instance of betterness are to be avoided thus strengthening the well-known acyclicity condition that precludes the existence of betterness cycles. The property is compared to alternative weakenings of transitivity, and it is shown that it has numerous advantages over other contenders. For instance, Suzumura consistency is precisely what is needed to avoid a money pump. The issue of rational choice in the context of public decision-making is discussed in order to provide an illustration of the usefulness of Suzumura consistency.
      pubtype: Academic Journal
      doctype: Article
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    language: English
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