The Econ within or the Econ above? On the plausibility of preference purification

Economics and Philosophy 39 (3):423-445 (2023)
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Abstract

Scholars disagree about the plausibility of preference purification. Some see it as a familiar phenomenon. Others denounce it as conceptually incoherent, postulating that it relies on the psychologically implausible assumption of an inner rational agent. I argue that different notions of rationality can be leveraged to advance the debate: procedural rationality and structural rationality. I explicate how structural rationality, in contrast to procedural rationality, allows us to offer an account of the guiding idea behind preference purification that avoids inner rational agents. Afterward, I address two pressing challenges against preference purification that emerge under the structural rationality account.

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Lukas Beck
Universität Hannover

References found in this work

Moral realism.Peter Railton - 1986 - Philosophical Review 95 (2):163-207.
Why Be Rational?Niko Kolodny - 2005 - Mind 114 (455):509-563.
The Foundations of Statistics.Leonard J. Savage - 1954 - Synthese 11 (1):86-89.
Debate: To nudge or not to nudge.Daniel M. Hausman & Brynn Welch - 2009 - Journal of Political Philosophy 18 (1):123-136.
Intransitivity of preferences.Amos Tversky - 1969 - Psychological Review 76 (1):31-48.

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