Social welfare, objective well-being, and natural law

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dc.article.number36
dc.catalogadoryvc
dc.contributor.authorArancibia Collao, Fernando Andrés
dc.date.accessioned2025-11-28T20:10:44Z
dc.date.available2025-11-28T20:10:44Z
dc.date.issued2025
dc.description.abstractThis paper explores the interplay between social welfare functions (SWF), utility functions, and objective well-being within the framework of natural law ethics. SWF, a central tool in welfare economics, traditionally relies on utility functions to aggregate individual preferences into social well-being measures. However, the preference satisfaction approach inherent in utility functions often conflicts with objective accounts of well-being, such as natural law ethics, which emphasize intrinsic human goods and flourishing. In this paper I argue for the compatibility of subjective preferences and objective values by introducing the concept of idealized preferences—preferences informed by objective ethical values. Integrating natural law ethics, this paper proposes how utility functions can accommodate subjective pro-attitudes while adhering to objective moral values, thereby bridging the gap between economic and philosophical approaches to well-being. The conclusions suggest a robust theoretical framework for aligning economic analysis with moral objectivism, enhancing the applicability of SWF in public policy.
dc.fechaingreso.objetodigital2025-11-28
dc.fuente.origenORCID
dc.identifier.doi10.1007/s12232-025-00512-y
dc.identifier.urihttps://doi.org/10.1007/s12232-025-00512-y
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/107181
dc.information.autorucInstituto de Éticas Aplicadas; Arancibia Collao, Fernando Andrés; 0000-0001-8837-4901; 237381
dc.language.isoen
dc.nota.accesocontenido parcial
dc.revistaInternational Review of Economics
dc.rightsacceso restringido
dc.subjectSocial welfare function
dc.subjectBasic human goods
dc.subjectObjective well-being
dc.subjectIdealized preferences
dc.subjectUtility function
dc.subject.ddc300
dc.subject.ods01 No poverty
dc.subject.ods12 Responsible consuption and production
dc.subject.odspa01 Fin de la pobreza
dc.subject.odspa12 Producción y consumo responsable
dc.titleSocial welfare, objective well-being, and natural law
dc.typeartículo
dc.volumen72
sipa.codpersvinculados237381
sipa.trazabilidadORCID;2025-11-24
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