Valuing Objects and Evaluating Policies in Imperfect Economies  

Oleh:

Dasgupta, Partha

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 111 no. 471 (2001), page C1-C29.
Topik: POLICIES; valuing objects; policies; economies
Fulltext: 1.pdf (280.24KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.3 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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In common parlance, we value when comparing objects and evaluate when comparing the relative merits of actions. The objects need not be concrete, they can be abstract (ideas), and evaluation is not restricted to a narrowly construed notion of action. We evaluate strategies, which are conditional actions, be they personal or collective ("I will do this if that happens", "We will do that if he does this", and so forth). We evaluate policies as well, which can also be personal or collective. There is a sense in which valuation is passive, while evaluation signifies more of an active engagement. We frequently value in order to evaluate. But not always. We sometimes value simply because we wish to understand a state of affairs, such as the quality of life in a country.

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