The Life you do Not Save: Reflections on the Causal Element in the Notion of a Decision's Consequences

Weyma Lübbe

Journal of Institutional and Theoretical Economics (JITE), 2020, vol. 176, issue 1, 156-168

Abstract: Ever since Savage represented acts by reference to their consequences, it has remained unclear how this conceptual move and its implications for evaluating acts may be reconciled with what is treated as people's acts in everyday talk and in our societies' legal practices. The present contribution, first, comments on applied and theoretical debates to emphasize the systematic relevance of Savage's move.It then focuses on the purportedly causal element in the term "consequence."A simple case shows how the idea that choices are causally connected to their consequences meets with problems. Possible consequentialist reactions are discussed.

Keywords: statistical lives; acts; consequences; causation; separability (search for similar items in EconPapers)
JEL-codes: A13 D61 D63 I18 (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1628/jite-2020-0018

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