Results for ' cardinal utility'

994 found
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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 (...)
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  2. Ordinal Utility Differences.Jean Baccelli - 2024 - Social Choice and Welfare 62 ( 275-287).
    It is widely held that under ordinal utility, utility differences are ill-defined. Allegedly, for these to be well-defined (without turning to choice under risk or the like), one should adopt as a new kind of primitive quaternary relations, instead of the traditional binary relations underlying ordinal utility functions. Correlatively, it is also widely held that the key structural properties of quaternary relations are entirely arbitrary from an ordinal point of view. These properties would be, in a nutshell, (...)
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  3. Epistemic Modality and Hyperintensionality in Mathematics.Timothy Bowen - 2017 - Dissertation, Arché, University of St Andrews
    This book concerns the foundations of epistemic modality and hyperintensionality and their applications to the philosophy of mathematics. I examine the nature of epistemic modality, when the modal operator is interpreted as concerning both apriority and conceivability, as well as states of knowledge and belief. The book demonstrates how epistemic modality and hyperintensionality relate to the computational theory of mind; metaphysical modality and hyperintensionality; the types of mathematical modality and hyperintensionality; to the epistemic status of large cardinal axioms, undecidable (...)
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  4. Infinite Aggregation and Risk.Hayden Wilkinson - 2023 - Australasian Journal of Philosophy 101 (2):340-359.
    For aggregative theories of moral value, it is a challenge to rank worlds that each contain infinitely many valuable events. And, although there are several existing proposals for doing so, few provide a cardinal measure of each world's value. This raises the even greater challenge of ranking lotteries over such worlds—without a cardinal value for each world, we cannot apply expected value theory. How then can we compare such lotteries? To date, we have just one method for doing (...)
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  5. A Critical Commentary on the Zwolinski 2013 "Libertarianism and Liberty" Essays.J. C. Lester - 2014 - In Jan Lester (ed.), _Explaining Libertarianism: Some Philosophical Arguments_. Buckingham: The University of Buckingham Press. pp. 64-84.
    The Zwolinski 2013 "libertarianism and liberty" essays on libertarianism_org are argued to have the following problems: taking libertarianism to be a "commitment" to the view that "liberty is the highest political value" ; examining and rejecting the maximization of liberty without a libertarian theory of liberty; accepting a persuasive sense of "coercion" ; misunderstandingliberty in the work place; conflating, to varying degrees, freedom of action and freedom from aggression and justice/rights/morals; focusing on logically possible clashes instead of practically possible congruence (...)
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  6. El Teorema de Completitud de Gödel, el Teorema del Colapso Transitivo de Mostowski y el Principio de Reflexión.Franklin Galindo - manuscript
    Es conocido que el Teorema de Completitud de Gödel, el Teorema del Colapso Transitivo de Mostowski y el Principio de Reflexión son resultados muy útiles en las investigaciones de Lógica matemática y/o los Fundamentos de la matemática. El objetivo de este trabajo es presentar algunas demostraciones clásicas de tales resultados: Dos del Teorema de Completitud de Gödel, una del Teorema del Colapso Transitivo de Mostowski y una del Principio de Reflexión. Se aspira que estas notas sean de utilidad para estudiar (...)
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  7. Metanormativity: Solving questions about moral and empirical uncertainty.Nicholas Kluge Corrêa & Nythamar Fernandes de Oliveira - 2020 - Ethic@: An International Journal for Moral Philosophy 19 (3):790-810.
    How can someone reconcile the desire to eat meat, and a tendency toward vegetarian ideals? How should we reconcile contradictory moral values? How can we aggregate different moral theories? How individual preferences can be fairly aggregated to represent a will, norm, or social decision? Conflict resolution and preference aggregation are tasks that intrigue philosophers, economists, sociologists, decision theorists, and many other scholars, being a rich interdisciplinary area for research. When trying to solve questions about moral uncertainty a meta understanding of (...)
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  8. Cardinal Composition.Lisa Vogt & Jonas Werner - 2024 - Erkenntnis 89 (4):1457-1479.
    The thesis of Weak Unrestricted Composition says that every pair of objects has a fusion. This thesis has been argued by Contessa and Smith to be compatible with the world being junky and hence to evade an argument against the necessity of Strong Unrestricted Composition proposed by Bohn. However, neither Weak Unrestricted Composition alone nor the different variants of it that have been proposed in the literature can provide us with a satisfying answer to the special composition question, or so (...)
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  9. A Bestiary of Utility Monsters.Walter Barta - manuscript
    The concept of the Utility Monster offers an influential critique of Utilitarian theories, forcing us to consider different theoretical fixes to escape monstrous implications (Nozick, 1999, pp. 26-53; Kennard, 2015, p. 322). However, many different breeds, a whole bestiary, of Utility Monsters are identifiable, and each breed reveals something slightly different about what we find monstrous. When dissected in depth, we observe that some breeds are probably acceptable, whereas other breeds are indeed monstrous, though perhaps not for the (...)
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  10. Utils and Shmutils.Jacob M. Nebel - 2021 - Ethics 131 (3):571-599.
    Matthew Adler's Measuring Social Welfare is an introduction to the social welfare function (SWF) methodology. This essay questions some ideas at the core of the SWF methodology having to do with the relation between the SWF and the measure of well-being. The facts about individual well-being do not single out a particular scale on which well-being must be measured. As with physical quantities, there are multiple scales that can be used to represent the same information about well-being; no one scale (...)
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  11. Principled Utility Discounting Under Risk.Kian Mintz-Woo - 2019 - Moral Philosophy and Politics 6 (1):89-112.
    Utility discounting in intertemporal economic modelling has been viewed as problematic, both for descriptive and normative reasons. However, positive utility discount rates can be defended normatively; in particular, it is rational for future utility to be discounted to take into account model-independent outcomes when decision-making under risk. The resultant values will tend to be smaller than descriptive rates under most probability assignments. This also allows us to address some objections that intertemporal considerations will be overdemanding. A principle (...)
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  12. Cardinals, Ordinals, and the Prospects for a Fregean Foundation.Eric Snyder, Stewart Shapiro & Richard Samuels - 2018 - In Anthony O'Hear (ed.), Metaphysics. Cambridge, United Kingdom: Cambridge University Press.
    There are multiple formal characterizations of the natural numbers available. Despite being inter-derivable, they plausibly codify different possible applications of the naturals – doing basic arithmetic, counting, and ordering – as well as different philosophical conceptions of those numbers: structuralist, cardinal, and ordinal. Nevertheless, some influential philosophers of mathematics have argued for a non-egalitarian attitude according to which one of those characterizations is more “legitmate” in virtue of being “more basic” or “more fundamental”. This paper addresses two related issues. (...)
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  13. Epistemic Utility and the Normativity of Logic.Richard Pettigrew - 2017 - Logos and Episteme 8 (4):455-492.
    How does logic relate to rational belief? Is logic normative for belief, as some say? What, if anything, do facts about logical consequence tell us about norms of doxastic rationality? In this paper, we consider a range of putative logic-rationality bridge principles. These purport to relate facts about logical consequence to norms that govern the rationality of our beliefs and credences. To investigate these principles, we deploy a novel approach, namely, epistemic utility theory. That is, we assume that doxastic (...)
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  14. Epistemic utility theory’s difficult future.Chad Marxen - 2021 - Synthese 199 (3-4):7401-7421.
    According to epistemic utility theory, epistemic rationality is teleological: epistemic norms are instrumental norms that have the aim of acquiring accuracy. What’s definitive of these norms is that they can be expected to lead to the acquisition of accuracy when followed. While there’s much to be said in favor of this approach, it turns out that it faces a couple of worrisome extensional problems involving the future. The first problem involves credences about the future, and the second problem involves (...)
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  15. A Cardinal Worry for Permissive Metaontology.Simon Hewitt - 2015 - Metaphysica 16 (2):159-166.
    Permissivist metaontology proposes answering customary existence questions in the affirmative. Many of the existence questions addressed by ontologists concern the existence of theoretical entities which admit precise formal specification. This causes trouble for the permissivist, since individually consistent formal theories can make pairwise inconsistent demands on the cardinality of the universe. We deploy a result of Gabriel Uzquiano’s to show that this possibility is realised in the case of two prominent existence debates and propose rejecting permissivism in favour of substantive (...)
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  16. The Cardinal Role of Respect and Self-Respect for Rawls’s and Walzer’s Theories of Justice.Manuel Dr Knoll - 2017 - In Giovanni Giorgini & Elena Irrera (eds.), The Roots of Respect. A Historic-Philosophical Itinerary. De Gruyter. pp. 207–227.
    The cardinal role that notions of respect and self-respect play in Rawls’s A Theory of Justice has already been abundantly examined in the literature. However, it has hardly been noticed that these notions are also central for Michael Walzer’s Spheres of Justice. Respect and self-respect are not only central topics of his chapter on “recognition”, but constitute a central aim of his whole theory of justice. This paper substantiates this thesis and elucidates Walzer’s criticism of Rawls’s that we need (...)
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  17. Expected comparative utility theory: A new theory of instrumental rationality.David Robert - manuscript
    This paper aims to address the question of how one ought to choose when one is uncertain about what outcomes will result from one’s choices, but when one can nevertheless assign probabilities to the different possible outcomes. These choices are commonly referred to as choices (or decisions) under risk. I assume in this paper that one ought to make instrumentally rational choices—more precisely, one ought to adopt suitable means to one’s morally permissible ends. Expected utility (EU) theory is generally (...)
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  18. Utility theory and ethics.Mongin Philippe & D'Aspremont Claude - 1998 - In Salvador Barbera, Peter J. Hammond & Christian Seidl (eds.), Handbook of Utility Theory: Volume 1: Principles. Kluwer Academic Publishers. pp. 371-481.
    This chapter of the Handbook of Utility Theory aims at covering the connections between utility theory and social ethics. The chapter first discusses the philosophical interpretations of utility functions, then explains how social choice theory uses them to represent interpersonal comparisons of welfare in either utilitarian or non-utilitarian representations of social preferences. The chapter also contains an extensive account of John Harsanyi's formal reconstruction of utilitarianism and its developments in the later literature, especially when society faces uncertainty (...)
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  19. Expected Utility Theory.Philippe Mongin - 1998 - In John Davis, Wade Hands & Uskali Maki (eds.), Handbook of Economic Methodology. Edward Elgar. pp. 342-350.
    The paper summarizes expected utility theory, both in its original von Neumann-Morgenstern version and its later developments, and discusses the normative claims to rationality made by this theory.
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  20. A Utility Based Evaluation of Logico-probabilistic Systems.Paul D. Thorn & Gerhard Schurz - 2014 - Studia Logica 102 (4):867-890.
    Systems of logico-probabilistic (LP) reasoning characterize inference from conditional assertions interpreted as expressing high conditional probabilities. In the present article, we investigate four prominent LP systems (namely, systems O, P, Z, and QC) by means of computer simulations. The results reported here extend our previous work in this area, and evaluate the four systems in terms of the expected utility of the dispositions to act that derive from the conclusions that the systems license. In addition to conforming to the (...)
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  21. Infinite utility.James Cain - 1995 - Australasian Journal of Philosophy 73 (3):401 – 404.
    Suppose we wish to decide which of a pair of actions has better consequences in a case in which both actions result in infinite utility. Peter Vallentyne and others have proposed that one action has better consequences than a second if there is a time after which the cumulative utility of the first action always outstrips the cumulative utility of the second. I argue against this principle, in particular I show how cases may arise in which up (...)
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  22. Expected utility theory, Jeffrey’s decision theory, and the paradoxes.Philippe Mongin & Jean Baccelli - 2020 - Synthese 199 (1):695-713.
    In Richard Bradley’s book, Decision Theory with a Human Face, we have selected two themes for discussion. The first is the Bolker-Jeffrey theory of decision, which the book uses throughout as a tool to reorganize the whole field of decision theory, and in particular to evaluate the extent to which expected utility theories may be normatively too demanding. The second theme is the redefinition strategy that can be used to defend EU theories against the Allais and Ellsberg paradoxes, a (...)
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  23. Where Do the Cardinal Numbers Come From?Harold T. Hodes - 1990 - Synthese 84 (3):347-407.
    This paper presents a model-theoretic semantics for discourse "about" natural numbers, one that captures what I call "the mathematical-object picture", but avoids what I can "the mathematical-object theory".
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  24. The Cardinal Role of Respect and Self-Respect for Rawls’s and Walzer’s Theories of Justice.Manuel Knoll - 2017 - In Elena Irrera & Giovanni Giorgini (eds.), The Roots of Respect: A Historic-Philosophical Itinerary. De Gruyter. pp. 207-224.
    The cardinal role that notions of respect and self-respect play in Rawls’s A Theory of Justice has already been abundantly examined in the literature. In contrast, it has hardly been noticed that these notions are also central to Michael Walzer’s Spheres of Justice. Respect and self-respect are not only central topics of his chapter “Recognition”, but constitute a central aim of a “complex egalitarian society” and of Walzer’s theory of justice. This paper substantiates this thesis and elucidates Walzer’s criticism (...)
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  25. Utility Monsters for the Fission Age.Ray Briggs & Daniel Nolan - 2015 - Pacific Philosophical Quarterly 96 (2):392-407.
    One of the standard approaches to the metaphysics of personal identity has some counter-intuitive ethical consequences when combined with maximising consequentialism and a plausible doctrine about aggregation of consequences. This metaphysical doctrine is the so-called ‘multiple occupancy’ approach to puzzles about fission and fusion. It gives rise to a new version of the ‘utility monster’ problem, particularly difficult problems about infinite utility, and a new version of a Parfit-style ‘repugnant conclusion’. While the article focuses on maximising consequentialism for (...)
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  26. Utility, Priorities, and Quiescent Sufficiency.Fausto Corvino - 2019 - Etica & Politica / Ethics & Politics 21 (3):525-552.
    In this article, I firstly discuss why a prioritarian clause can rescue the utilitarian doctrine from the risk of exacerbating inequality in the distribution of resources in those cases in which utility of income does not decline at the margin. Nonetheless, when in the presence of adaptive preferences, classic prioritarianism is more likely than utilitarianism to increase the inequality of resources under all circumstances, independently of the diminishing trend of utility. Hence, I propose to shift the informational focus (...)
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  27. Expected Utility in 3D.Jean Baccelli - 2022 - In Thomas Augustin, Fabio Cozman & Gregory Wheeler (eds.), Reflections on the Foundations of Probability and Statistics: Essays in Honor of Teddy Seidenfeld. pp. 187-206.
    Consider a subjective expected utility preference relation. It is usually held that the representations which this relation admits differ only in one respect, namely, the possible scales for the measurement of utility. In this paper, I discuss the fact that there are, metaphorically speaking, two additional dimensions along which infinitely many more admissible representations can be found. The first additional dimension is that of state-dependence. The second—and, in this context, much lesser-known—additional dimension is that of act-dependence. The simplest (...)
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  28. The Utility of Contemplation in Aristotle’s Protrepticus.Matthew Walker - 2010 - Ancient Philosophy 30 (1):135-153.
    Fragments of Aristotle’s lost Protrepticus seem to offer inconsistent arguments for the value of contemplation (one argument appealing to contemplation's uselessness, the other appealing to its utility). In this paper, I argue that these arguments are mutually consistent. Further, I argue that, contrary to first appearances, Aristotle has resources in the Protrepticus for explaining how contemplation, even if it has divine objects, can nevertheless be useful in the way in which he claims, viz., for providing cognitive access to boundary (...)
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  29. Negative Utility Monsters.Richard Yetter Chappell - 2021 - Utilitas 33 (4):417 - 421.
    Many consider Nozick’s “utility monster”—a being more efficient than ordinary people at converting resources into wellbeing, with no upper limit—to constitute a damning counterexample to utilitarianism. But our intuitions may be reversed by considering a variation in which the utility monster starts from a baseline status of massive suffering. This suggests a rethinking of the force of the original objection.
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  30. On the Expected Utility Objection to the Dutch Book Argument for Probabilism.Richard Pettigrew - 2021 - Noûs (1):23-38.
    The Dutch Book Argument for Probabilism assumes Ramsey's Thesis (RT), which purports to determine the prices an agent is rationally required to pay for a bet. Recently, a new objection to Ramsey's Thesis has emerged (Hedden 2013, Wronski & Godziszewski 2017, Wronski 2018)--I call this the Expected Utility Objection. According to this objection, it is Maximise Subjective Expected Utility (MSEU) that determines the prices an agent is required to pay for a bet, and this often disagrees with Ramsey's (...)
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  31. Unbounded Utility.Zachary Goodsell - 2023 - Dissertation, University of Southern California
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  32. On the “negative utility” of Ernst Cassirer׳s philosophy of physics: An application to the EPR argument.Philippe Stamenkovic - 2016 - Studies in History and Philosophy of Science Part B: Studies in History and Philosophy of Modern Physics 55 (C):34-42.
    This paper tries to reconstruct Ernst Cassirer's potential reception of the EPR argument, as exposed by Einstein in his letter to Cassirer of March 1937. It is shown that, in conformity with his transcendental epistemology taking the conditions of accessibility as constitutive of the quantum object, Cassirer would probably have rejected the argument. Indeed, Cassirer would probably not have subscribed to its separability/local causality presupposition (which goes against his interpretation of the quantum formalism as a self-suf!cient condition constitutive of the (...)
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  33. Utility, Universality, and Impartiality in Adam Smith’s Jurisprudence.S. M. Amadae - 2008 - The Adam Smith Review 4:238-246.
    This paper examines how the concepts of utility, impartiality, and universality worked together to form the foundation of Adam Smith's jurisprudence. It argues that the theory of utility consistent with contemporary rational choice theory is insufficient to account for Smith's use of utility. Smith's jurisprudence relies on the impartial spectator's sympathetic judgment over whether third parties are injured, and not individuals' expected utility associated with individuals' expected gains from rendering judgments over innocence or guilt.
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  34. Downwards Propriety in Epistemic Utility Theory.Alejandro Pérez Carballo - 2023 - Mind 132 (525):30-62.
    Epistemic Utility Theory is often identified with the project of *axiology-first epistemology*—the project of vindicating norms of epistemic rationality purely in terms of epistemic value. One of the central goals of axiology-first epistemology is to provide a justification of the central norm of Bayesian epistemology, Probabilism. The first part of this paper presents a new challenge to axiology first epistemology: I argue that in order to justify Probabilism in purely axiological terms, proponents of axiology first epistemology need to justify (...)
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  35. Are interpersonal comparisons of utility indeterminate?Christian List - 2003 - Erkenntnis 58 (2):229 - 260.
    On the orthodox view in economics, interpersonal comparisons of utility are not empirically meaningful, and "hence" impossible. To reassess this view, this paper draws on the parallels between the problem of interpersonal comparisons of utility and the problem of translation of linguistic meaning, as explored by Quine. I discuss several cases of what the empirical evidence for interpersonal comparisonsof utility might be and show that, even on the strongest of these, interpersonal comparisons are empirically underdetermined and, if (...)
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  36. The Utility of Jan Smuts’ Theory of Holism for Philosophical Counseling.Guy du Plessis & Robert Weathers - 2022 - International Journal of Philosophical Practice 8 (1):80-102.
    This article explores the potential utility of the theory of Holism as developed by South African philosopher, British Commonwealth statesman and military leader, Jan Smuts, for philosophical counselling or practice. Central to the philosophical counseling process is philosophical counsellors or practitioners applying the work of philosophers to inspire, educate and guide their counselees in dealing with life problems. For example, Logic-Based Therapy, a method of philosophical counselling developed by Elliot Cohen, provides a rational framework for confronting problems of living, (...)
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  37. Cardinality logics, part I: inclusions between languages based on ‘exactly’.Harold Hodes - 1988 - Annals of Pure and Applied Logic 39 (3):199-238.
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  38.  32
    Between Privacy and Utility: On Differential Privacy in Theory and Practice.Jeremy Seeman & Daniel Susser - 2023 - Acm Journal on Responsible Computing 1 (1):1-18.
    Differential privacy (DP) aims to confer data processing systems with inherent privacy guarantees, offering strong protections for personal data. But DP’s approach to privacy carries with it certain assumptions about how mathematical abstractions will be translated into real-world systems, which—if left unexamined and unrealized in practice—could function to shield data collectors from liability and criticism, rather than substantively protect data subjects from privacy harms. This article investigates these assumptions and discusses their implications for using DP to govern data-driven systems. In (...)
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  39. Must rational intentions maximize utility?Ralph Wedgwood - 2017 - Philosophical Explorations 20 (sup2):73-92.
    Suppose that it is rational to choose or intend a course of action if and only if the course of action maximizes some sort of expectation of some sort of value. What sort of value should this definition appeal to? According to an influential neo-Humean view, the answer is “Utility”, where utility is defined as a measure of subjective preference. According to a rival neo-Aristotelian view, the answer is “Choiceworthiness”, where choiceworthiness is an irreducibly normative notion of a (...)
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  40. Utility, publicity, and manipulation.Adrian M. S. Piper - 1978 - Ethics 88 (3):189-206.
    In our dealings with young children, we often get them to do or think things by arranging their environments in certain ways; by dissembling, simplifying, or ambiguating the facts in answer to their queries; by carefully selecting the states of affairs, behavior of others, and utterances to which they shall be privy. We rightly justify these practices by pointing out a child's malleability, and the necessity of paying close attention to formative influences during its years of growth. This filtering of (...)
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  41. Wanting is not expected utility.Tomasz Zyglewicz - forthcoming - Journal of Philosophy.
    In this paper, I criticize Ethan Jerzak’s view that ‘want’ has only one sense, the mixed expected utility sense. First, I show that his appeals to ‘really’-locutions fail to explain away the counterintuitive predictions of his view. Second, I present a class of cases, which I call “principled indifference” cases, that pose difficulties for any expected utility lexical entry for ‘want’. I argue that in order to account for these cases, one needs to concede that ‘want’ has a (...)
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  42. Facts, norms and expected utility functions.Sophie Jallais, Pierre-Charles Pradier & David Teira - 2008 - History of the Human Sciences 21 (2):45-62.
    In this article we explore an argumentative pattern that provides a normative justification for expected utility functions grounded on empirical evidence, showing how it worked in three different episodes of their development. The argument claims that we should prudentially maximize our expected utility since this is the criterion effectively applied by those who are considered wisest in making risky choices (be it gamblers or businessmen). Yet, to justify the adoption of this rule, it should be proven that this (...)
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  43. Thomas Hobbes and Cardinal Bellarmine: Leviathan and 'he ghost of the Roman empire'.Patricia Springborg - 1995 - History of Political Thought 16 (4):503-531.
    As a representative of the papacy Bellarmine was an extremely moderate one. In fact Sixtus V in 1590 had the first volume of his Disputations placed on the Index because it contained so cautious a theory of papal power, denying the Pope temporal hegemony. Bellarmine did not represent all that Hobbes required of him either. On the contrary, he proved the argument of those who championed the temporal powers of the Pope faulty. As a Jesuit he tended to maintain the (...)
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  44. Cardinality logics. Part II: Definability in languages based on `exactly'.Harold Hodes - 1988 - Journal of Symbolic Logic 53 (3):765-784.
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  45. Creationism and cardinality.Daniel Nolan & Alexander Sandgren - 2014 - Analysis 74 (4):615-622.
    Creationism about fictional entities requires a principle connecting what fictions say exist with which fictional entities really exist. The most natural way of spelling out such a principle yields inconsistent verdicts about how many fictional entities are generated by certain inconsistent fictions. Avoiding inconsistency without compromising the attractions of creationism will not be easy.
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  46. Context-dependent Utilities.Haim Gaifman & Yang Liu - 2015 - In Wiebe Van Der Hoek, Wesley H. Holliday & Wen Fang Wang (eds.), Logic, Rationality, and Interaction. Springer. pp. 90-101.
    Savage's framework of subjective preference among acts provides a paradigmatic derivation of rational subjective probabilities within a more general theory of rational decisions. The system is based on a set of possible states of the world, and on acts, which are functions that assign to each state a consequence€. The representation theorem states that the given preference between acts is determined by their expected utilities, based on uniquely determined probabilities (assigned to sets of states), and numeric utilities assigned to consequences. (...)
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  47. Beyond Diminishing Marginal Utility.Walter Barta - manuscript
    Diminishing Marginal Utility is widely accepted as a law of human action, and therefor has become one of the primary premises of ethics, economics, and politics. In popular parlance, “diminishing returns” has entered into the cliches of common sense; in philosophical argument, it has achieved the status of an axiomatic assumption; and indeed, in terms of personal experience or folk psychology, it seems to largely hold true for goods in general over a range of consumption. However, a theory of (...)
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  48. The Utility of Offshoring: A Rawlsian Critique.Julian Friedland - 2005 - Electronic Journal of Business Ethics and Organization Studies 10 (1):9-13.
    Most prominent arguments favoring the widespread discretionary business practice of sending jobs overseas, known as ‘offshoring,’ attempt to justify the trend by appeal to utilitarian principles. It is argued that when business can be performed more cost-effectively offshore, doing so tends, over the longterm, to achieve the greatest good for the greatest number. This claim is supported by evidence that exporting jobs actively promotes economic development overseas while simultaneously increasing the revenue of the exporting country. After showing that offshoring might (...)
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  49. A conditional expected utility model for myopic decision makers.Leigh Tesfatsion - 1980 - Theory and Decision 12 (2):185-206.
    An expected utility model of individual choice is formulated which allows the decision maker to specify his available actions in the form of controls (partial contingency plans) and to simultaneously choose goals and controls in end-mean pairs. It is shown that the Savage expected utility model, the Marschak- Radner team model, the Bayesian statistical decision model, and the standard optimal control model can be viewed as special cases of this goal-control expected utility model.
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  50. Avoiding Interpersonal Utility Comparisons in Eleutheric-Conjectural Libertarianism.J. C. Lester - manuscript
    Until quite recently, it has appeared that eleutheric-conjectural libertarianism (ECL) could not avoid some degree of, very broad, interpersonal utility comparisons (IUCs). And this has been objected to by some of its libertarian critics, notably economists and propertarians. Indeed, this aspect does make the theory less compatible with economics than the rest of the theory and it is thereby a significant problem. This is because one of the main problems that ECL is intended to solve is how an abstract (...)
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