The Problem with Utility: Towards a Non-Consequentialist / Utility Theory Synthesis
| Data(s) |
01/08/1997
|
|---|---|
| Resumo |
I develop the argument that our current decision-making framework, utility theory, when used by itself, is 1) descriptively incomplete, 2) theoretically flawed, and 2) ethically questionable. In response, I offer an exploratory framework that incorporates both consequentialist and non-consequentialist motivations. Adding a commitment function provides a synthesis which remedies the problems associated with the sole use of utility theory. Finally, I show how philosophers Immanuel Kant, W.D. Ross, and Martin Buber provide an ethical basis for the framework. |
| Formato |
application/pdf |
| Identificador |
http://digitalcommons.uconn.edu/econ_wpapers/199709 http://digitalcommons.uconn.edu/cgi/viewcontent.cgi?article=1326&context=econ_wpapers |
| Publicador |
DigitalCommons@UConn |
| Fonte |
Economics Working Papers |
| Palavras-Chave | #Economics |
| Tipo |
text |