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Utility theory and ethics

In Mongin Philippe & D'Aspremont Claude (eds.), Utility theory and ethics. pp. 371-481 (1998)

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  1. Choice-Based Cardinal Utility. A Tribute to Patrick Suppes.Jean Baccelli & Philippe Mongin - 2016 - Journal of Economic Methodology 23 (3):268-288.
    We reexamine some of the classic problems connected with the use of cardinal utility functions in decision theory, and discuss Patrick Suppes's contributions to this field in light of a reinterpretation we propose for these problems. We analytically decompose the doctrine of ordinalism, which only accepts ordinal utility functions, and distinguish between several doctrines of cardinalism, depending on what components of ordinalism they specifically reject. We identify Suppes's doctrine with the major deviation from ordinalism that conceives of utility functions as (...)
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  • Is it possible to measure happiness?: The argument from measurability.Erik Angner - 2013 - European Journal for Philosophy of Science 3 (2):221-240.
    A ubiquitous argument against mental-state accounts of well-being is based on the notion that mental states like happiness and satisfaction simply cannot be measured. The purpose of this paper is to articulate and to assess this “argument from measurability.” My main thesis is that the argument fails: on the most charitable interpretation, it relies on the false proposition that measurement requires the existence of an observable ordering satisfying conditions like transitivity. The failure of the argument from measurability, however, does not (...)
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  • ‘Mere Inventions of the Imagination’: A Survey of Recent Literature on Adam Smith.Vivienne Brown - 1997 - Economics and Philosophy 13 (2):281-312.
    As late twentieth-century discourses of modernity and postmodernity invoke their Enlightenment heritage in a search for the origins of their present achievements and predicaments, Adam Smith's works are still seen as a canonic representative of that heritage. Smith has long been evoked as the ‘father’ of economics and the original proponent of laissez-faire capitalism, but the political changes in recent decades have reconstituted his iconic status. With the full range of Smith's published and unpublished writings and lectures now widely available, (...)
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  • Logic, rationality and knowledge in Ramsey's thought: reassessing 'human logic'.Marion Gaspard - 2014 - Journal of Economic Methodology 21 (2):139-157.
    This paper reconsiders Frank Ramsey's essay on subjective probability (1926) as a consistent way to articulate logic, rationality and knowledge. The first part of the essay builds an axiomatic theory of subjective probability based on ‘formal logic’, defining rationality as choice-consistency. The second part seems to open up different horizons: the evaluation of degrees of belief by ‘human logic’. Because of the interest Keynes (1931) had taken in ‘human logic’, it was considered to be a possible alternative to the formal (...)
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