Discover the concept of utility in microeconomics, exploring its origins, types, and applications to analyze consumer ...

The consequences of our actions are important. They matter. But if the utilitarian is right, then consequences are all that matters. Is this correct? The main principle of utilitarian moral theory, ...

Decision theory is a cornerstone of economic analysis, providing a framework for understanding how individuals and institutions make choices under conditions of uncertainty and risk. At its core, the ...

Rutgers researchers propose approaching the effort to reduce greenhouse gas emissions using ethical theory of utilitarianism. An approach to reducing greenhouse gas emissions that is informed by the ...