Markets Within the Limit of Feasibility

نویسندگان

چکیده

Abstract The ‘limits of markets’ debate broadly concerns the question when it is (im)permissible to have a market in some good. Markets can be tremendous benefit society, but many felt that certain goods should not for sale (e.g., sex, kidneys, bombs). Their argued corrupting, exploitative, or express form disrespect. In without Limits , Jason Brennan and Peter Jaworski recently contrary: For any good, as long permissible give free, then money. thesis has led number engaging objections, I leverage recent work on nature feasibility within political philosophy offer new challenge. argue offers constraint which markets permissibly implemented. Though may possible create morally acceptable version an otherwise repugnant market, these infeasible, so we are permitted implement them. After laying out this challenge, consider several replies. They concern relevance feasibility, whether really infeasible. This provides opportunity explore dangers pursuing infeasible with generally. conclude by considering what might lead us pursue despite their infeasibility, how knowledge infeasibility prove useful regardless.

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On the Feasibility of Decentralized Derivatives Markets

In this paper, we present Velocity, a decentralized market deployed on Ethereum for trading a custom type of derivative option. To enable the smart contract to work, we also implement a price fetching tool called PriceGeth. We present this as a case study, noting challenges in development of the system that might be of independent interest to whose working on smart contract implementations. We ...

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ژورنال

عنوان ژورنال: Journal of Business Ethics

سال: 2021

ISSN: ['0167-4544', '1573-0697']

DOI: https://doi.org/10.1007/s10551-021-04948-4