Rational choice theory and moral action
Universiteit van Amsterdam, Faculty of Economics and Econometrics Roetersstraat 11, 1018 WB Amsterdam, The Netherlands
Correspondence: j.p.r.ecsofi{at}wxs.nl or a.a.kromhout{at}uva.nl
In his article ‘The Case for a Multiple Utility Function’ (Economics and Philosophy, 2, 159–83), Etzioni took the view that moral acts are qualitatively different from acts aimed at the satisfaction of desires. He introduced moral preferences and argued that these cannot be traded off against non-moral preferences and that, therefore, the quest for want-satisfaction and the sense of moral obligation are best kept apart. Acceptance of this view would lead to the practice of multiple utility functions. My aim is to show that the idea of a moral preference is only feasible as a meta-preference, and that the art of meta-ranking is practised when ranking incomparable preferences.
Key Words: rational choice • moral preference • moral constraint • meta-ranking • JEL classification: A12, D63, D64