From: shmage-AT-pipeline.com Date: Tue, 15 Oct 1996 03:29:17 GMT Subject: Re: pareto criteria Howard, It seems to me that the main fallacy in these, and similar, criteria that "presuppose, as acondition of their intelligibility, closed systems...it is only if state of affairs x and state of affairs y are taken as fixed and unchanging that these concepts are intelligible [and it is] equally true that one's preferences must be fixed in order for these definitions to make sense" is that they effect closure by freezing a dynamic reality at a timeless instant, like Zeno's arrow frozen in flight. To be intelligible, they would therefore have to be expressible as partial derivatives of a consistent set of functional equations. The assertion, however, that such preference functions exist in social reality and remain constant over time is manifestly absurd. It is surely a grotesque form of the "epistemic fallacy" to take the [apologetic] ideological convenience of a notion as suggestive of the existence of an underlying mechanism that would permit such an unsupportable notion to claim empirical reality. Shane Mage On Mon,Oct 14, 1996 2:10:40 AM, LH Engelskirchen wrote: > > >I have before me definitions of efficiency criteria: > >1. S(x) is Pareto superior to S(y) provided no one perfers S(y) > to S(x) and at least one person prefers S(x) to S(y). > >2. S(x) is Pareto optimal provided there is no S(n) Pareto > superior to S(x). > >3. S(x) is Kaldor Hicks efficient to S(y) provided that the > winners at S(x) could compensate the losers so that no one > would then prefer S(y) to S(x) and at least one person would > prefer S(x) to S(y). > >My question is this: don't these definitions all presuppose, as a >condition of their intelligibility, closed systems? In other words >it is only if state of affairs x and state of affairs y are taken >as fixed and unchanging that these concepts are intelligible. >Isn't it equally true that one's preferences must be fixed in order >for these definitions to make sense? > >But the universe of beliefs and preferences is demonstrably open as >is the universe of states of affairs. What is the point of these >definitions, then? Even on their own terms. > >Howard > > >
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