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Decision Theory and Morality

In Alfred R. Mele & Piers Rawling (eds.), The Oxford handbook of rationality. New York: Oxford University Press. pp. 156--181 (2004)

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  1. Risk and Tradeoffs.Lara Buchak - 2014 - Erkenntnis 79 (S6):1091-1117.
    The orthodox theory of instrumental rationality, expected utility (EU) theory, severely restricts the way in which risk-considerations can figure into a rational individual's preferences. It is argued here that this is because EU theory neglects an important component of instrumental rationality. This paper presents a more general theory of decision-making, risk-weighted expected utility (REU) theory, of which expected utility maximization is a special case. According to REU theory, the weight that each outcome gets in decision-making is not the subjective probability (...)
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  • Feasibility Constraints for Political Theories.Holly Lawford-Smith - 2010 - Dissertation, Australian National University
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  • Modelling the Moral Dimension of Decisions.Mark Colyvan, Damian Cox & Katie Siobhan Steele - 2010 - Noûs 44 (3):503-529.
    In this paper we explore the connections between ethics and decision theory. In particular, we consider the question of whether decision theory carries with it a bias towards consequentialist ethical theories. We argue that there are plausible versions of the other ethical theories that can be accommodated by “standard” decision theory, but there are also variations of these ethical theories that are less easily accommodated. So while “standard” decision theory is not exclusively consequentialist, it is not necessarily ethically neutral. Moreover, (...)
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  • Aggregation Without Interpersonal Comparisons of Well‐Being.Jacob M. Nebel - 2021 - Philosophy and Phenomenological Research 105 (1):18-41.
    This paper is about the role of interpersonal comparisons in Harsanyi's aggregation theorem. Harsanyi interpreted his theorem to show that a broadly utilitarian theory of distribution must be true even if there are no interpersonal comparisons of well-being. How is this possible? The orthodox view is that it is not. Some argue that the interpersonal comparability of well-being is hidden in Harsanyi's premises. Others argue that it is a surprising conclusion of Harsanyi's theorem, which is not presupposed by any one (...)
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  • Introduction: The Relevance of Rational Decision Theory for Ethics. [REVIEW]Christoph Lumer - 1991 - Ethical Theory and Moral Practice 13 (5):485-496.
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  • Reasonable utility functions and playing the cooperative way.Gerald F. Gaus - 2008 - Critical Review of International Social and Political Philosophy 11 (2):215-234.
    In this essay I dispute the widely held view that utility theory and decision theory are formalizations of instrumental rationality. I show that the decision theoretic framework has no deep problems accommodating the ?reasonable? qua a preference to engage in fair cooperation as such. All evaluative criteria relevant to choice can be built into a von Neumann?Morgenstern utility function. I focus on the claim that, while rational choice?driven agents are caught in the Pareto?inferior outcome, reasonable agents could ?solve? the PD (...)
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  • Assertion, knowledge, and rational credibility.Igor Douven - 2006 - Philosophical Review 115 (4):449-485.
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  • Ethics and Uncertainty: The Guest Editor’s Introduction.Tomasz Żuradzki - 2017 - Diametros 53:1-5.
    Until very recently, normative theorizing in ethics was frequently conducted without even mentioning uncertainty. Just a few years ago, Sven Ove Hansson described this state of affairs with the slogan: “Ethics still lives in a Newtonian world.” In the new Oxford Handbook of Philosophy and Probability, David McCarthy writes that “mainstream moral philosophy has not been much concerned with probability,” understanding probability as “the best-known tool for thinking about uncertainty.” This special predilection for certainty in ethics was surprising since most (...)
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  • Consequentialism and rational choice: Lessons from the Allais paradox.Bruno Verbeek - 2008 - Pacific Philosophical Quarterly 89 (1):86–116.
    This paper investigates the relation between consequentialism, as conceived of in moral theory, and standard expected utility theory. I argue that there is a close connection between the two. I show furthermore that consequentialism is not neutral with regard to the values of the agent. Consequentialism, as well as standard expected utility theory, is incompatible with the recognition of considerations that depend on what could have been the case, such as regret and disappointment. I conclude that consequentialism should be rejected (...)
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