Results for 'Utilities'

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  1. Oskar Morgenstern.Some Reflections On Utility - 1979 - In Maurice Allais & Ole Hagen (eds.), Expected Utility Hypotheses and the Allais Paradox. D. Reidel. pp. 175.
  2. Community in Hegel's Theory of Civil Society'.A. S. Walton & Utility Economy - 1984 - In Z. A. Pelczynski (ed.), The State and civil society: studies in Hegel's political philosophy. New York: Cambridge University Press. pp. 244--61.
     
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  3. Allan Gibbard and William L. Harper.of Expected Utility - 1978 - In A. Hooker, J. J. Leach & E. F. McClennen (eds.), Foundations and Applications of Decision Theory. D. Reidel. pp. 125.
     
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  4. Doris ol1n.Expected Utility - 1978 - In A. Hooker, J. J. Leach & E. F. McClennen (eds.), Foundations and Applications of Decision Theory. D. Reidel. pp. 1--385.
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  5.  11
    'Natural'labour.I. Utility & Political Economy - 2013 - In Nicholas Adams, George Pattison & Graham Ward (eds.), The Oxford handbook of theology and modern European thought. Oxford, England: Oxford University Press. pp. 149.
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  6. Richard M. Cyert and Morris H. Degroot.Adaptive Utility - 1979 - In Maurice Allais & Ole Hagen (eds.), Expected Utility Hypotheses and the Allais Paradox. D. Reidel. pp. 21--223.
  7.  4
    Acknowledging caregivers’ vulnerability in the managment of challenging behaviours to reduce control measures in psychiatry.Jean Lefèvre-Utile, Marjorie Montreuil, Amélie Perron, Aymeric Reyre & Franco Carnevale - 2022 - Nursing Ethics 29 (3):758-779.
    Background:The management of challenging behaviours in inpatient with intellectual disability and/or autism spectrum disorders can lead to an escalation of control measures. In these complex situations where patients have an intellectual disability/autism spectrum disorder accompanied by a psychiatric comorbidity, the experiences of caregivers related to the crisis management have rarely been studied.Purpose:This study examined the moral experiences of caregivers related to challenging behaviours’ management and alternatives to control measures.Research design:Using Charles Taylor’s hermeneutic framework, a 2-month focused ethnography with a participatory (...)
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  8.  86
    Intertemporal utility smoothing under uncertainty.Katsutoshi Wakai - 2013 - Theory and Decision 74 (2):285-310.
    This paper axiomatizes a recursive utility model that captures both intertemporal utility smoothing defined across time and ambiguity aversion defined over states. The resulting representation adapts Wakai model of intertemporal utility smoothing as an aggregator function, where the utility of the certainty equivalent of future uncertainty is computed by Gilboa and Schmeidler multiple-priors utility. The model also permits the separation of intertemporal utility smoothing from ambiguity aversion.
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  9. The Utility of Content-Relativism.Paula Sweeney - 2014 - Dialectica 68 (4):563-579.
    Content- relativism is a semantic theory that states that the content of an uttered sentence can vary according to some feature of an assessment context. This paper has two objectives. The first is to determine which features a motivational case for content- relativism would display – what would a good case for content- relativism look like? The second is to consider cases that appear to have the required features and evaluate their prospects as motivational cases. I identify two varieties of (...)
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  10. (F)utility Exposed.Roberto Fumagalli - 2019 - Philosophy of Science 86 (5):955-966.
    In recent years, several authors have called to ground descriptive and normative decision theory on neuro-psychological measures of utility. In this paper, I combine insights from the best available neuro-psychological findings, leading philosophical conceptions of welfare and contemporary decision theory to rebut these prominent calls. I argue for two claims of general interest to philosophers, choice modellers and policy makers. First, severe conceptual, epistemic and evidential problems plague ongoing attempts to develop accurate and reliable neuro-psychological measures of utility. And second, (...)
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  11. 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, the hallmark of (...)
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  12. Epistemic Utility Theory and the Aim of Belief.Jennifer Rose Carr - 2017 - Philosophy and Phenomenological Research 95 (3):511-534.
    How should rational believers pursue the aim of truth? Epistemic utility theorists have argued that by combining the tools of decision theory with an epistemic form of value—gradational accuracy, proximity to the truth—we can justify various epistemological norms. I argue that deriving these results requires using decision rules that are different in important respects from those used in standard (practical) decision theory. If we use the more familiar decision rules, we can’t justify the epistemic coherence norms that epistemic utility theory (...)
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  13. 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 for utility discount (...)
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  14. 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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  15.  39
    Utility theory and additivity analysis of risky choices.Amos Tversky - 1967 - Journal of Experimental Psychology 75 (1):27.
  16. 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 future (...)
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  17.  98
    Separating marginal utility and probabilistic risk aversion.Peter Wakker - 1994 - Theory and Decision 36 (1):1-44.
  18. Conditional utility and its place in decision theory.Paul Weirich - 1980 - Journal of Philosophy 77 (11):702-715.
    Causal decision theory attends to probabilities used to obtain an option's expected utility but for completeness should also attend to utilities of possible outcomes. A suitable formula for an option's expected utility uses a certain type of conditional utility.
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  19.  1
    Expected utility theory on mixture spaces without the completeness axiom.David McCarthy, Kalle M. Mikkola & Teruji Thomas - 2021 - Journal of Mathematical Economics 97 (December 2021).
    A mixture preorder is a preorder on a mixture space (such as a convex set) that is compatible with the mixing operation. In decision theoretic terms, it satisfies the central expected utility axiom of strong independence. We consider when a mixture preorder has a multi-representation that consists of real-valued, mixture-preserving functions. If it does, it must satisfy the mixture continuity axiom of Herstein and Milnor (1953). Mixture continuity is sufficient for a mixture-preserving multi-representation when the dimension of the mixture space (...)
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  20.  97
    Concept Utility.Paul Egré & Cathal O’Madagain - 2019 - Journal of Philosophy 116 (10):525-554.
    Practices of concept-revision among scientists seem to indicate that concepts can be improved. In 2006, the International Astronomical Union revised the concept "Planet" so that it excluded Pluto, and insisting that the result was an improvement. But what could it mean for one concept or conceptual scheme to be better than another? Here we draw on the theory of epistemic utility to address this question. We show how the plausibility and informativeness of beliefs, two features that contribute to their utility, (...)
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  21. Plural Utility.Amartya Sen - 1981 - Proceedings of the Aristotelian Society 81:193 - 215.
    Amartya Sen; XII*—Plural Utility, Proceedings of the Aristotelian Society, Volume 81, Issue 1, 1 June 1981, Pages 193–216, https://doi.org/10.1093/aristotelian/.
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  22. 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 implication of (...)
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  23. 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 rather than probabilistic (...)
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  24. Expected utility, contributory causation, and vegetarianism.Gaverick Matheny - 2002 - Journal of Applied Philosophy 19 (3):293–297.
    Several authors have argued that act–utilitarianism cannot provide an adequate critique of buying meat because a single meat purchase will not actually cause more farm animals to be raised or slaughtered. Thus, regardless of whether or not the production of meat is inhumane to animals, someone who buys meat is doing nothing wrong. This argument fails to show that meat purchases are morally permissible, however, because it assumes that act–utilitarians would use actual utility in their decision to buy or not (...)
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  25.  54
    Stronger utility.Pavlo R. Blavatskyy - 2014 - Theory and Decision 76 (2):265-286.
    Empirical research often requires a method how to convert a deterministic economic theory into an econometric model. A popular method is to add a random error term on the utility scale. This method, however, ignores stochastic dominance. A modification of this method is proposed to account for stochastic dominance. The modified model compares favorably to other existing models in terms of goodness of fit to experimental data. The modified model can rationalize the preference reversal phenomenon. An intuitive axiomatic characterization of (...)
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  26. Epistemic Utility and Norms for Credences.Richard Pettigrew - 2013 - Philosophy Compass 8 (10):897-908.
    Beliefs come in different strengths. An agent's credence in a proposition is a measure of the strength of her belief in that proposition. Various norms for credences have been proposed. Traditionally, philosophers have tried to argue for these norms by showing that any agent who violates them will be lead by her credences to make bad decisions. In this article, we survey a new strategy for justifying these norms. The strategy begins by identifying an epistemic utility function and a decision-theoretic (...)
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  27. 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 of prioritarianism (...)
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  28. 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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  29.  23
    Indexical utility: another rationalization of exponential discounting.Wolfgang Spohn - forthcoming - Economics and Philosophy:1-14.
    This paper is about time preferences, the phenomenon that the very same things are usually considered the less valuable the farther in the future they are obtained. The utilities of those things are discounted at a certain rate. The paper presents a novel normative argument for exponential discount rates, whatever their empirical adequacy. It proposes to take indexical utility seriously, i.e. utilities referring to indexical propositions (that speak of ‘I’, ‘now’, etc.) as opposed to non-indexical propositions. Economic focus (...)
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  30. "Utility".John Broome - 1991 - Economics and Philosophy 7 (1):1-12.
    “Utility,” in plain English, means usefulness. In Australia, a ute is a useful vehicle. Jeremy Bentham specialized the meaning to a particular sort of usefulness. “By utility,” he said, “is meant that property in any object, whereby it tends to produce benefit, advantage, pleasure, good, or happiness or to prevent the happening of mischief, pain, evil, or unhappiness to the party whose interest is considered”. The “principle of utility” is the principle that actions are to be judged by their usefulness (...)
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  31.  58
    Do utility comparisons pose a problem?Ruth Weintraub - 1998 - Philosophical Studies 92 (3):307-319.
    Comparisons between utilities pose a pressing problem if, while incapable of being grounded, they are required in ethical deliberation. My aim is to consider whether there are epistemological impediments to implementing such ethical choices. Can we find ourselves being persuaded of the ethical need to compare utilities of different individuals, yet unable to do so because the comparisons cannot be warranted? I argue that the problem cannot arise; no plausible moral principle will invoke magnitudes which are inscrutable.
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  32. 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 attitudes (...)
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  33. Disagreement and Epistemic Utility-Based Compromise.Julia Staffel - 2015 - Journal of Philosophical Logic 44 (3):273-286.
    Epistemic utility theory seeks to establish epistemic norms by combining principles from decision theory and social choice theory with ways of determining the epistemic utility of agents’ attitudes. Recently, Moss, 1053–69, 2011) has applied this strategy to the problem of finding epistemic compromises between disagreeing agents. She shows that the norm “form compromises by maximizing average expected epistemic utility”, when applied to agents who share the same proper epistemic utility function, yields the result that agents must form compromises by splitting (...)
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  34.  90
    Utility, informativity and protocols.Robert van Rooy - 2004 - Journal of Philosophical Logic 33 (4):389-419.
    Recently, natural language pragmatics started to make use of decision-, game-, and information theoretical tools to determine the usefulness of questions and assertions in a quantitative way. In the first part of this paper several of these notions are related with each other. It is shown that under particular natural assumptions the utility of questions and answers reduces to their informativity, and that the ordering relation induced by utility sometimes even reduces to the logical relation of entailment. The second part (...)
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  35. 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 strategy (...)
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  36.  48
    Expected utility theory on mixture spaces without the completeness axiom.David McCarthy, Kalle Mikkola & Joaquin Teruji Thomas - 2021 - arXiv:2102.06898 [Econ.TH].
    A mixture preorder is a preorder on a mixture space (such as a convex set) that is compatible with the mixing operation. In decision theoretic terms, it satisfies the central expected utility axiom of strong independence. We consider when a mixture preorder has a multi-representation that consists of real-valued, mixture-preserving functions. If it does, it must satisfy the mixture continuity axiom of Herstein and Milnor (1953). Mixture continuity is sufficient for a mixture-preserving multi-representation when the dimension of the mixture space (...)
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  37. 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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  38.  93
    Utility Maximization and Bounds on Human Information Processing.Andrew Howes, Richard L. Lewis & Satinder Singh - 2014 - Topics in Cognitive Science 6 (2):198-203.
    Utility maximization is a key element of a number of theoretical approaches to explaining human behavior. Among these approaches are rational analysis, ideal observer theory, and signal detection theory. While some examples of these approaches define the utility maximization problem with little reference to the bounds imposed by the organism, others start with, and emphasize approaches in which bounds imposed by the information processing architecture are considered as an explicit part of the utility maximization problem. These latter approaches are the (...)
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  39. Expected utility and risk.Paul Weirich - 1986 - British Journal for the Philosophy of Science 37 (4):419-442.
    The rule to maximize expected utility is intended for decisions where options involve risk. In those decisions the decision maker's attitude toward risk is important, and the rule ought to take it into account. Allais's and Ellsberg's paradoxes, however, suggest that the rule ignores attitudes toward risk. This suggestion is supported by recent psychological studies of decisions. These studies present a great variety of cases where apparently rational people violate the rule because of aversion or attraction to risk. Here I (...)
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  40. 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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  41.  65
    Utility cascades.Max Khan Hayward - 2020 - Analysis 80 (3):433-442.
    Utility cascades occur when a utilitarian’s reduction of support for an intervention reduces the effectiveness of that intervention, leading the utilitarian to further reduce support, thereby further undermining effectiveness, and so on, in a negative spiral. This paper illustrates the mechanisms by which utility cascades occur, and then draws out the theoretical and practical implications. Theoretically, utility cascades provide an argument that the utilitarian agent should sometimes either ignore evidence about effectiveness or fail to apportion support to effectiveness. Practically, utility (...)
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  42. Unbounded Utility.Zachary Goodsell - 2023 - Dissertation, University of Southern California
  43.  69
    Infinite utility: Anonymity and person-centredness.Peter Vallentyne - 1995 - Australasian Journal of Philosophy 73 (3):413 – 420.
    In 1991 Mark Nelson argued that if time is infinitely long towards the future, then under certain easily met conditions traditional utilitarianism is unable to discriminate among actions. For under these conditions, each action produces the same infinite amount of utility, and thus it seems that utilitarianism must judge all actions permissible, judge all actions impermissible, or remain completely silent. In response to this criticism of utilitarianism, I argued that utilitarianism had the resources for dealing with at least some cases (...)
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  44.  57
    Utility Reassessed: The Role of Ethics in the Practice of Design.Judy Attfield (ed.) - 1999 - Distributed Exclusively in the Usa by St. Martin's Press.
    This sparkling collection of essays both defines and reassesses the concept of Utility. Using it as a touchstone for the consideration of the place of ethics in the recent history of design, the collection offers a way into the issues which concern design decision-makers today. It offers previously unpublished research into diverse topics such as the investigation into the hitherto undiscovered designs for a utility vehicle, and it reveals a fresh perspective on the philosophy behind the concept of Utility as (...)
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  45.  18
    Utility, exchange, and commensurability.Jonathan Baron - 1988 - Journal of Thought 23:111-131.
    The principle of exchange seems to be limited in its application, and it cannot serve as a link between utilitarianism and the idea of a market for interpersonal relations. Our preferences concern the inner states of other people as well as their overt behavior. The neglect of this aspect of our preferences is a result of the coupling of utilitarianism with behaviorism. The problem is thus behaviorism, not consequentialism. It might be argued that commensurability is wrong because it sanctions impure (...)
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  46. Actual Utility, The Objection from Impracticality, and the Move to Expected Utility.Fred Feldman - 2006 - Philosophical Studies 129 (1):49-79.
    Utilitarians are attracted to the idea that an act is morally right iff it leads to the best outcome. But critics have pointed out that in many cases we cannot determine which of our alternatives in fact would lead to the best outcome. So we can’t use the classic principle to determine what we should do. It’s not “practical”; it’s not “action-guiding”. Some take this to be a serious objection to utilitarianism, since they think a moral theory ought to be (...)
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  47.  35
    Emotion, utility maximization, and ecological rationality.Yakir Levin & Itzhak Aharon - 2014 - Mind and Society 13 (2):227-245.
    This paper examines the adequacy of an evolutionary-oriented notion of rationality—ecological rationality—that has recently been proposed in economics. Ecological rationality is concerned with what it is rational to do, and in this sense is a version of what philosophers call ‘practical rationality’. Indeed, the question of the adequacy of ecological rationality as it is understood in the paper, is the question of whether ecological rationality is a genuine notion of practical rationality. The paper first explicates and motivates the notion of (...)
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  48.  94
    Epistemic utility arguments for Probabilism.Richard Pettigrew - 2011 - Stanford Encyclopedia.
  49. Infinite Utility and Temporal Neutrality.Peter Vallentyne - 1994 - Utilitas 6 (2):193.
    Suppose that time is infinitely long towards the future, and that each feasible action produces a finite amount of utility at each time. Then, under appropriate conditions, each action produces an infinite amount of utility. Does this mean that utilitarianism lacks the resources to discriminate among such actions? Since each action produces the same infinite amount of utility, it seems that utilitarianism must judge all actions permissible, judge all actions impermissible, or remain completely silent. If the future is infinite, that (...)
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  50. Epistemic Utility Theory.Richard Pettigrew - 2010
    Beliefs come in different strengths. What are the norms that govern these strengths of belief? Let an agent's belief function at a particular time be the function that assigns, to each of the propositions about which she has an opinion, the strength of her belief in that proposition at that time. Traditionally, philosophers have claimed that an agent's belief function at any time ought to be a probability function, and that she ought to update her belief function upon obtaining new (...)
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