Preferences, welfare, and the status-quo bias

Australasian Journal of Philosophy 88 (3):535-554 (2010)
Abstract
Preferences play a role in well-being that is difficult to escape, but whatever authority one grants to preferences, their malleability seems to cause problems for any theory of well-being that employs them. Most importantly, preferences appear to display a status-quo bias: people come to prefer what they are likely rather than unlikely to get. I try to do two things here. The first is to provide a more precise characterization of the status-quo bias, how it functions, and how it infects commonly accepted theories of well-being. The second is to give an alternative characterization of an agent's preferences that succeeds in avoiding the status-quo bias
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    References found in this work BETA
    Dale Dorsey (2010). Truth and Error in Morality. In Cory D. Wright & Nikolaj J. L. L. Pedersen (eds.), New Waves in Truth. Palgrave Macmillan. 235--248.

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    Citations of this work BETA
    Dale Dorsey (2013). Desire-Satisfaction and Welfare as Temporal. Ethical Theory and Moral Practice 16 (1):151-171.
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