Results for 'Utility'

864 found
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  1. 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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  2. 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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  3. Expected Utility in 3D.Jean Baccelli - 2022 - In Thomas Augustin, Fabio Gagliardi Cozman & Gregory Wheeler (eds.), Reflections on the Foundations of Probability and Statistics: Essays in Honor of Teddy Seidenfeld. Springer. 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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  4. 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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  5. Expected Utility Theory.Philippe Mongin - 1998 - In John Davis, Hands B., Mäki Wade & Uskali (eds.). 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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  6. 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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  7. (1 other version)Utility theory and ethics.Mongin Philippe & D'Aspremont Claude - 1998 - In Salvador Barbera, Peter 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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  8. 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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  9. 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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  10. 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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  11. 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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  12. 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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  13. 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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  14. 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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  15. 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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  16. 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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  17. 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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  18. 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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  19. 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 (...) functions as representing preference differences, while being non- etheless empirically related to choices. We highlight the originality, promises and limits of this choice-based cardinalism. (shrink)
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  20. 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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  21. 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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  22. 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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  23. 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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  24. 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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  25. Mill's Principle of Utility: Origins, Proof, and Implications: Revised and Enlarged Edition.Necip Fikri Alican - 2022 - Leiden and Boston: Brill.
    Mill’s Principle of Utility: Origins, Proof, and Implications (Leiden: Brill, 2022) is a scholarly monograph on John Stuart Mill’s utilitarianism with a particular emphasis on his proof of the principle of utility. Originally published as Mill’s Principle of Utility: A Defense of John Stuart Mill’s Notorious Proof (Amsterdam: Editions Rodopi, 1994), the present volume is a revised and enlarged edition with additional material, tighter arguments, crisper discussions, and updated references. The initiative is still principally an analysis, interpretation, (...)
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  26. 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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  27. 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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  28. Duhemian Themes in Expected Utility Theory.Philippe Mongin - 2009 - In Gayon Anastasios Brenner and Jean (ed.), French Studies in the Philosophy of Science. Springer. pp. 303-357.
    This monographic chapter explains how expected utility (EU) theory arose in von Neumann and Morgenstern, how it was called into question by Allais and others, and how it gave way to non-EU theories, at least among the specialized quarters of decion theory. I organize the narrative around the idea that the successive theoretical moves amounted to resolving Duhem-Quine underdetermination problems, so they can be assessed in terms of the philosophical recommendations made to overcome these problems. I actually follow Duhem's (...)
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  29. 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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  30. The principle of utility and mill's minimizing utilitarianism.Rem B. Edwards - 1986 - Journal of Value Inquiry 20 (2):125-136.
    Formulations of Mill's principle of utility are examined, and it is shown that Mill did not recognize a moral obligation to maximize the good, as is often assumed. His was neither a maximizing act nor rule utilitarianism. It was a distinctive minimizing utilitarianism which morally obligates us only to abstain from inflicting harm, to prevent harm, to provide for others minimal essentials of well being (to which rights correspond), and to be occasionally charitable or benevolent.
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  31. Unbounded Utility.Zachary Goodsell - 2023 - Dissertation, University of Southern California
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  32. Why the Comparative Utility Argument Is a Red Herring.Peter Sutton - 2017 - Journal of Social Philosophy 48 (4):499-506.
    The comparative utility argument holds that the descendants of African slaves in America are not owed any compensation because they have not been harmed by slavery. Rather, slavery in America was beneficial to the descendants of slaves because they are now able to live in a country that is considerably richer today than any of the African countries from which slaves were taken. In this paper, I show that the comparative utility argument is a red herring with no (...)
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  33. Wanting Is Not Expected Utility.Tomasz Zyglewicz - 2024 - Journal of Philosophy 121 (4):229-244.
    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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  34. 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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  35. Modality, expected utility, and hypothesis testing.WooJin Chung & Salvador Mascarenhas - 2023 - Synthese 202 (1):1-40.
    We introduce an expected-value theory of linguistic modality that makes reference to expected utility and a likelihood-based confirmation measure for deontics and epistemics, respectively. The account is a probabilistic semantics for deontics and epistemics, yet it proposes that deontics and epistemics share a common core modal semantics, as in traditional possible-worlds analysis of modality. We argue that this account is not only theoretically advantageous, but also has far-reaching empirical consequences. In particular, we predict modal versions of reasoning fallacies from (...)
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  36. Mill's Principle of Utility: A Defense of John Stuart Mill's Notorious Proof.Necip Fikri Alican - 1994 - Amsterdam and Atlanta: Brill | Rodopi.
    This is a defense of John Stuart Mill’s proof of the principle of utility in the fourth chapter of his Utilitarianism. The proof is notorious as a fallacious attempt by a prominent philosopher, who ought not to have made the elementary mistakes he is supposed to have made. This book shows that he did not. The aim is not to glorify utilitarianism, in a full sweep, as the best normative ethical theory, or even to vindicate, on a more specific (...)
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  37. On the social utility of symbolic logic: Lewis Carroll against ‘The Logicians’.Amirouche Moktefi - 2015 - Studia Metodologiczne 35:133-150.
    Symbolic logic faced great difficulties in its early stage of development in order to acquire recognition of its utility for the needs of science and society. The aim of this paper is to discuss an early attempt by the British logician Lewis Carroll (1832–1898) to promote symbolic logic as a social good. This examination is achieved in three phases: first, Carroll’s belief in the social utility of logic, broadly understood, is demonstrated by his numerous interventions to fight fallacious (...)
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  38. Utility, Progress, and Technology: Proceedings of the 15th Conference of the International Society for Utilitarian Studies.Michael Schefczyk & Christoph Schmidt-Petri (eds.) - 2021 - Karlsruhe: KIT Scientific Publishing.
    This volume collects selected papers delivered at the 15th Conference of the International Society for Utilitarian Studies, which was held at Karlsruhe Institute of Technology in July 2018. It includes papers dealing with the past, present, and future of utilitarianism – the theory that human happiness is the fundamental moral value – as well as on its applications to animal ethics, population ethics, and the future of humanity, among other topics.
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  39. Dutch Books, Additivity, and Utility Theory.Brad Armendt - 1993 - Philosophical Topics 21 (1):1-20.
    One guide to an argument's significance is the number and variety of refutations it attracts. By this measure, the Dutch book argument has considerable importance.2 Of course this measure alone is not a sure guide to locating arguments deserving of our attention—if a decisive refutation has really been given, we are better off pursuing other topics. But the presence of many and varied counterarguments at least suggests that either the refutations are controversial, or that their target admits of more than (...)
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  40. A Pragmatist’s Guide to Epistemic Utility.Benjamin Anders Levinstein - 2017 - Philosophy of Science 84 (4):613-638.
    We use a theorem from M. J. Schervish to explore the relationship between accuracy and practical success. If an agent is pragmatically rational, she will quantify the expected loss of her credence with a strictly proper scoring rule. Which scoring rule is right for her will depend on the sorts of decisions she expects to face. We relate this pragmatic conception of inaccuracy to the purely epistemic one popular among epistemic utility theorists.
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  41. Utilitarianism with and without expected utility.David McCarthy, Kalle Mikkola & Joaquin Teruji Thomas - 2020 - Journal of Mathematical Economics 87:77-113.
    We give two social aggregation theorems under conditions of risk, one for constant population cases, the other an extension to variable populations. Intra and interpersonal welfare comparisons are encoded in a single ‘individual preorder’. The theorems give axioms that uniquely determine a social preorder in terms of this individual preorder. The social preorders described by these theorems have features that may be considered characteristic of Harsanyi-style utilitarianism, such as indifference to ex ante and ex post equality. However, the theorems are (...)
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  42. Aristotle on the Utility and Choiceworthiness of Friends.Matthew D. Walker - 2014 - Archiv für Geschichte der Philosophie 96 (2):151-182.
    Aristotle’s views on the choiceworthiness of friends might seem both internally inconsistent and objectionably instrumentalizing. On the one hand, Aristotle maintains that perfect friends or virtue friends are choiceworthy and lovable for their own sake, and not merely for the sake of further ends. On the other hand, in Nicomachean Ethics IX.9, Aristotle appears somehow to account for the choiceworthiness of such friends by reference to their utility as sources of a virtuous agent’s robust self-awareness. I examine Aristotle’s views (...)
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  43. Improving the Quality and Utility of Electronic Health Record Data through Ontologies.Asiyah Yu Lin, Sivaram Arabandi, Thomas Beale, William Duncan, Hicks D., Hogan Amanda, R. William, Mark Jensen, Ross Koppel, Catalina Martínez-Costa, Øystein Nytrø, Jihad S. Obeid, Jose Parente de Oliveira, Alan Ruttenberg, Selja Seppälä, Barry Smith, Dagobert Soergel, Jie Zheng & Stefan Schulz - 2023 - Standards 3 (3):316–340.
    The translational research community, in general, and the Clinical and Translational Science Awards (CTSA) community, in particular, share the vision of repurposing EHRs for research that will improve the quality of clinical practice. Many members of these communities are also aware that electronic health records (EHRs) suffer limitations of data becoming poorly structured, biased, and unusable out of original context. This creates obstacles to the continuity of care, utility, quality improvement, and translational research. Analogous limitations to sharing objective data (...)
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  44. 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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  45. Causal feature learning for utility-maximizing agents.David Kinney & David Watson - 2020 - In David Kinney & David Watson (eds.), International Conference on Probabilistic Graphical Models. pp. 257–268.
    Discovering high-level causal relations from low-level data is an important and challenging problem that comes up frequently in the natural and social sciences. In a series of papers, Chalupka etal. (2015, 2016a, 2016b, 2017) develop a procedure forcausal feature learning (CFL) in an effortto automate this task. We argue that CFL does not recommend coarsening in cases where pragmatic considerations rule in favor of it, and recommends coarsening in cases where pragmatic considerations rule against it. We propose a new technique, (...)
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  46. Climate Change and Individual Obligations: A Dilemma for the Expected Utility Approach, and the Need for an Imperfect View.Julia Nefsky - 2021 - In Budolfson Mark, McPherson Tristram & Plunkett David (eds.), Philosophy and Climate Change. Oxford University Press. pp. 201-221.
    This chapter concerns the nature of our obligations as individuals when it comes to our emissions-producing activities and climate change. The first half of the chapter argues that the popular ‘expected utility’ approach to this question faces a problematic dilemma: either it gives skeptical verdicts, saying that there are no such obligations, or it yields implausibly strong verdicts. The second half of the chapter diagnoses the problem. It is argued that the dilemma arises from a very general feature of (...)
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  47. Prioritarianism and the Measure of Utility.Michael Otsuka - 2013 - Journal of Political Philosophy 23 (1):1-22.
    I argue that prioritarianism cannot be assessed in abstraction from an account of the measure of utility. Rather, the soundness of this view crucially depends on what counts as a greater, lesser, or equal increase in a person’s utility. In particular, prioritarianism cannot accommodate a normatively compelling measure of utility that is captured by the axioms of John von Neumann and Oskar Morgenstern’s expected utility theory. Nor can it accommodate a plausible and elegant generalization of this (...)
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  48. Measuring utility: from the marginal revolution to behavioral economics. [REVIEW]Lukas Beck & Anna Alexandrova - 2019 - Journal of Economic Methodology 26 (4):380-384.
    Volume 26, Issue 4, December 2019, Page 380-384.
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  49. 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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  50. Why high-risk, non-expected-utility-maximising gambles can be rational and beneficial: the case of HIV cure studies.Lara Buchak - 2016 - Journal of Medical Ethics (2):1-6.
    Some early phase clinical studies of candidate HIV cure and remission interventions appear to have adverse medical risk–benefit ratios for participants. Why, then, do people participate? And is it ethically permissible to allow them to participate? Recent work in decision theory sheds light on both of these questions, by casting doubt on the idea that rational individuals prefer choices that maximise expected utility, and therefore by casting doubt on the idea that researchers have an ethical obligation not to enrol (...)
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