A lot of rationalist thinking about ethics and economy assumes we have very well defined utility functions - knowing exactly our preferences between states and events, not only being able to compare them (I prefer X to Y), but assigning precise numbers to every combinations of them (p% chance of X equals q% chance of Y). Because everyone wants more money, you should theoretically even be able to assign exact numerical values to positive outcomes in your life.
I did a small experiment of making a list of things I wanted, and giving them point value. I must say this experiment ended up in a failure - thinking "If I had X, would I take Y instead", and "If I had Y, would I take X instead" very often resulted in a pair of "No"s. Even thinking about multiple Xs/Ys for one Y/X usually led me to deciding they're really incomparable. Outcomes related to similar subject were relatively comparable, those in different areas in life were usually not.
I finally decided on some vague numbers and evaluated the results two months later. My success on some fields was really big, on other fields not at all, and the only thing that was clear was that numbers I assigned were completely wrong.
This leads me to two possible conclusions:
- I don't know how to draw utility functions, but they are a good model of my preferences, and I could learn how to do it.
- Utility functions are really bad match for human preferences, and one of the major premises we accept is wrong.
Anybody else tried assigning numeric values to different outcomes outside very narrow subject matter? Have you succeeded and want to share some pointers? Or failed and want to share some thought on that?
I understand that details of many utility functions will be highly personal, but if you can share your successful ones, that would be great.
We reached a point in the discussion where it appears the only way we could disagree is if we had a different definition of "preference". Since I believe I've made my definition quite clear, I wanted to know what yours is.
It might not help you, but it would certainly help me to understand your position, if you are not using the common definition of preference.
I asked you first, and you responded with (AFAICT) a non-answer. You appear to have been projecting entirely different arguments and thesis on to me, and posting links to articles whose conclusions I appear to be more in line with than you are -- again, as far as I can tell.
So, I actually answered your question (i.e. "what do you think?"), even though you still haven't answered mine.
That's why philosophy is such a bog, and why it's necessary to arrive at however insignificant but technical conclusions in order to move forward reliably.
I chose the articles in the comment above because they were in surface-match with what you are talking about, as a potential point on establishing understanding. I asked basically how you can characterize your agreement/disagreement with them, and how it carries over to the preference debate.