This is a reminder for:
Title: Ralph Wedgwood
Pre-talk at 2PM in the Philosophy Common Room. All honours and graduate
students are expected to attend the pre-talk; all others are welcome.
Utility vs. Choiceworthiness
ABSTRACT. It is plausible that a rational choice is one that maximizes
some sort of expectation of some sort of value. Many theorists believe that
the relevant sort of value is utility – where “utility” is understood as a
measure of preference. Unfortunately, it is unclear what these theorists
mean by “preferences”. However, on every interpretation that could
possibly serve these theorists’ purposes, preferences – even the
preferences of the most rational agent possible – do not meet the
conditions that are required for them to be measureable by means of a
utility function. This supports a rival conception of rational choice,
according to which rational choices are those that maximize the expectation
of a quite different sort of value – namely, a value that can be called
“choiceworthiness”. Roughly, the view that rational choices maximize
expected utility theory is a broadly Humean view, while the view that
rational choices maximize expected choiceworthiness is a broadly
Aristotelian view.
When: Wed Aug 18 3:30pm – 5:30pm Eastern Time - Melbourne, Sydney
Where: The Refectory
Calendar: Seminars
Who:
* [email protected] - creator
Event details:
https://www.google.com/calendar/event?action=VIEW&eid=Ym9rdHBoZzZmMXNpbnE2ZmhkdDRvbDh2aW8gMm1lN2M3ZnIzb21wbDRyaHZrcG1sYTUzNjhAZw
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