Consequentialism, rationality and the relevant description of outcomes
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Verbeek, Bruno
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Cambridge University Press
Abstract
This paper is organized as follows. In section 2 I introduce two fundamental consequentialist assumptions. First, the notion that considerations that are
irrelevant from the perspective of the agent’s values should not determine her choices.
Secondly, the assumption that consequentialism is forward-looking. I argue that Mom’s 3 preferences violate either the former or the latter. Section 3 discusses three possible responses to these violations; in particular the idea that one could save both expected
utility theory and consequentialism, by re-describing the relevant outcomes. Section 4 discusses the worry of some theorists that such a move might rob both
consequentialism (and expected utility theory) from its normative content. It focuses
mainly on Broome’s idea of rational justifiers. Section 5 discusses Broome’s special
response to cases like the one under discussion, thus clearing the way for the argument
of section 6, that consequentialism is incompatible with outcome descriptions that
invoke fairness. Sections 7 and 8 discuss the question whether the consequentialist
principles introduced in section 2 are acceptable for a consequentialist. I argue that they are at the very heart of what consequentialism entails. However, since they exclude from deliberation notions of fairness, guilt, disappointment, and regret, they are unacceptable
as requirements of rationality. Section 9 summarizes the main conclusions and speculates about the implications for expected utility theory as a theory of rational
choice.
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Economics and Philosophy
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Author/s accepted manuscript (AAM)