回顾:埃奇沃思的快乐测量仪与测量效用的探索

Retrospectives: Edgeworth's Hedonimeter and the Quest to Measure Utility

Journal of Economic Perspectives · 2007
被引 108
人大 A-ABS 4

中文导读

回顾了埃奇沃思和费雪关于效用是否可直接测量的争论,埃奇沃思主张通过生理心理学测量,费雪主张从行为反推,最终在1930年代被放弃。

Abstract

In this article, I discuss some earlier debates about the foundations of utility and its measurement, focusing on the contributions of Francis Y. Edgeworth (1845–1926), a famous British economist who was a leader in the development of a more mathematically structured economics in the late 1800s, and Irving Fisher (1867–1947), one of the first quantitative U.S. economists, best-known today for his work on the quantity theory and interest rate theory. Edgeworth argued that utility was directly measurable and that new developments in “physio-psychology” would make it possible to develop a “hedonimeter” that would allow economists to develop a firm physiological underpinning of utility. Fisher, while agreeing with Edgeworth that it was important to have a workable measure of utility, disagreed with Edgeworth about the possibility of doing so with a hedonimeter and, hence, of having any physiological underpinnings of utility. He argued that instead of searching for physiological underpinnings of utility, economists should instead rely upon backward induction from observed behavior to measured utility. Neither of these views about the possibility of utility measurement carried through, and attempts to measure utility were abandoned in the 1930s, when utility measurement and happiness considerations were determined to be outside the purview of economics. Both Edgeworth and Fisher knew that their approaches to utility measurement opened up a Pandora's box of problems; they opened that box, nonetheless, because they felt that theoretical economics had to be relevant to policy, and, to be relevant, it had to face the problems.

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