My criticism may be more of the writing than the concept. Once you establish that utilities obey a >=< relationship with one another, all these properties seem to flow rather cleanly and easily. If there’s one thing I’ve learned from philosophy, it’s that you should always be wary of someone who uses a thousand words when a hundred will do.
The properties are interesting and useful, it just seems that the explanation of them is being dragged out to make the process look both more complex and more “objective” than it really is, and that’s what I’m wary of.
My criticism may be more of the writing than the concept. Once you establish that utilities obey a >=< relationship with one another, all these properties seem to flow rather cleanly and easily. If there’s one thing I’ve learned from philosophy, it’s that you should always be wary of someone who uses a thousand words when a hundred will do.
The properties are interesting and useful, it just seems that the explanation of them is being dragged out to make the process look both more complex and more “objective” than it really is, and that’s what I’m wary of.