Economics Dictionary of Arguments

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Benefit: In philosophy, "benefit" pertains to the advantageous or valuable outcome, result, or advantage gained from a particular action, situation, or state of affairs, often considered in ethical or consequentialist contexts.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

Dennis C. Mueller on Benefit - Dictionary of Arguments

Mause I 271
Benefits/Welfare Economics/Mueller: for the establishment of a welfare function it is necessary to assume cardinal and also individual benefit measures. (1)
Problem: these requirements for social welfare functions are more demanding and therefore less realistic than those raised by other microeconomic theory, see Hands (2). See also Welfare Economics/Mueller.

1, Dennis C. Mueller, Public choice III. Cambridge 2003, S. 565-567.
2.Wade D. Hands, Paul Samuelson and revealed preference theory. History of Political Economy 46, (1) 2014, S.85– 116.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconMuell I
Dennis C. Mueller
Public Choice III Cambridge 2003

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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