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What matters and how it matters: a choice-theoretic representation of moral theories

Author

Listed:
  • Franz Dietrich

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, CNRS - Centre National de la Recherche Scientifique, CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Christian List

    (LSE - London School of Economics and Political Science)

Abstract

This essay presents a new "reason-based" approach to the formal representation of moral theories, drawing on recent decision-theoretic work. It shows that any moral theory within a very large class can be represented in terms of two parameters: (i) a specification of which properties of the objects of moral choice matter in any given context, and (ii) a specification of how these properties matter. Reason-based representations provide a very general taxonomy of moral theories, as differences among theories can be attributed to differences in their two key parameters. We can thus formalize several distinctions, such as between consequentialist and nonconsequentialist theories, between universalist and relativist theories, between agent-neutral and agent-relative theories, between monistic and pluralistic theories, between atomistic and holistic theories, and between theories with a teleological structure and those without. Reason-based representations also shed light on an important but underappreciated phenomenon: the "underdetermination of moral theory by deontic content."

Suggested Citation

  • Franz Dietrich & Christian List, 2017. "What matters and how it matters: a choice-theoretic representation of moral theories," Post-Print halshs-01744079, HAL.
    • Handle: RePEc:hal:journl:halshs-01744079
    DOI: 10.1215/00318108-4173412
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    References listed on IDEAS

    as
    1. Voorhoeve, Alex, 2013. "Vaulting Intuition: Temkin'S Critique Of Transitivity," Economics and Philosophy, Cambridge University Press, vol. 29(3), pages 409-423, November.
    2. Arouri, Mohamed & Teulon, Frédéric & Rault, Christophe, 2013. "Equity risk premium and regional integration," International Review of Financial Analysis, Elsevier, vol. 28(C), pages 79-85.
    3. Dietrich, Franz & List, Christian, 2009. "A reason-based theory of rational choice," MPRA Paper 36112, University Library of Munich, Germany, revised 2011.
    4. Broome, John, 2006. "Weighing Lives," OUP Catalogue, Oxford University Press, number 9780199297702.
    5. Bossert, Walter & Suzumura, Kotaro, 2010. "Consistency, Choice, and Rationality," Economics Books, Harvard University Press, number 9780674052994, Spring.
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    More about this item

    Keywords

    choice theory; underdetermination; deontic equivalence; consequentialization; weighing of reasons; reason-based representation; normatively relevant properties; moral theories;
    All these keywords.

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • D6 - Microeconomics - - Welfare Economics
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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