By Maren A. Jochimsen

ISBN-10: 1441953590

ISBN-13: 9781441953599

ISBN-10: 1475747144

ISBN-13: 9781475747140

Much like their authors, the information at the back of books can develop and alter at the manner from inspiration to manuscript. I initially deliberate to hitch the dialogue on care and economics at a distinct, extra policy-oriented point, hoping to spot the stipulations below which worrying providers are taken to the marketplace. In drawing close the duty, even if, i noticed that financial technological know-how lacked an total proposal of worrying. Economists' notions of worrying and their wisdom of its uncomplicated parts and structural features have been fragmented. worrying actions have been handled within the context of loved ones paintings, unpaid paintings, or subsistence and casual paintings. not one of the diverse techniques shared a typical body of reference. This has made it most unlikely to check being concerned actions around the a number of nation-states of the economic climate, self reliant of even if supplied in a family members environment, bought out there, or provided by means of the nation or society. I consequently stumbled on I needed to commence my wondering past, on the point of uncomplicated understandings and concepts.

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Extra info for Careful Economics: Integrating Caring Activities and Economic Science

Sample text

Conceptual approaches to caring in economics find themselves in a curious and interesting field of tension characterized on the one hand by the attempt to understand the provision of caring within the traditional analytical framework of economic science and on the other hand by the recognition of the need to develop new and additional analytical tools for an adequate conceptualization of caring. Chapter 3 CARING AS THE RESULT OF PREFERENTIAL CHOICES The conceptualization of caring in the utility-based concept of altruism A familiar conceptual approach to caring in economics is to see it as behavior that enhances the utility of both care receiver and care giver and to model the satisfaction derived from enhancing the utility of another person within a preference-based, choice-oriented, and utility-maximizing concept of altruism.

Because motives behind caring are not differentiated within the utility approach of altruism but are all translated into the utility calculus, the specifics of non-utility based motivations such as moral considerations and other intrinsic motivations remain invisible. The utility argument thus has certain shortcomings in connection with the appropriate treatment of dependency situations. Since it relies on psychic income or other forms of utility returns, altruistic caring behavior may be risky and humiliating for the care receiver who has to produce the two.

26 This approach has been taken by Health Economics for example. g. Gafgen 1990: 14; Herder-Domeich 1980: 7-10; Andreas 1994: 174-178. 24 Caring as the result ofpreferential choices 41 Summary Becker's utility approach focuses on the production of household or family commodities and, although capable of including small neighborhood communities and the workplace, the concepts of caring are confined to the informal, private, unpaid domestic realm of the economy as no conceptual distinction is made between the non-transactable communicative and the transactable instrumental aspect of caring.

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Careful Economics: Integrating Caring Activities and Economic Science by Maren A. Jochimsen


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