The mutual determination of wants and benefits |
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Authors: | John Broome |
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Institution: | (1) Department of Economics, University of Bristol, 8 Woodland Road, BS8 1TN Bristol, UK |
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Abstract: | The degree to which I want something often affects the amount of pleasure or other benefit it will bring me if I get it. This, in turn, should affect the degree to which I want it. In theJournal of Philosophy,89 (1992) 10–29, Anna Kusser and Wolfgang Spohn argue that decision theory cannot cope with this mutual determination of wants and benefits. This paper argues, to the contrary, that decision theory can cope with it easily. |
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Keywords: | Decision theory utility theory practical reason formation of preferences |
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