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  1. Status Quo Basing and the Logic of Value.Frederic Schick - 1999 - Economics and Philosophy 15 (1):23.
    Some writers have noted that valuation is often focused on foreseen changes. They say that we often don't value situations in terms of what we would have in them only but also in terms of the gains or losses that they offer us — that we then focus on departures from our status quo. They argue that such thinking conflicts with basic economic analysis, and also that it violates logic: they say that it is irrational. I agree that it seems (...)
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  • The Varieties of Instrumental Rationality.Stephen Ellis - 2008 - Southern Journal of Philosophy 46 (2):199-220.
    It is a mistake to think that instrumental rationality fixes a single standard for judging or describing actions. While there is a core conception of instrumental rationality, we appeal to different elaborations of that conception for different purposes. An action can be instrumentally rational in some sense(s) but not in others. As we learn more about behavior, it is possible to add useful elaborations of the core conception of instrumental rationality. In this paper, I propose a newelaboration based on Frederic (...)
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