Decision Theory as Philosophy

Rating:
Summary: A Review of Decision Theory as Philosophy
Review: Decision Theory as Philosophy is good as far as it goes but
like so much of utility theory and conventional economics it
assumes that utility is a scalar. In fact human values can
not be described by a single scalar quantity (see The Sources
of Value by S. C. Pepper, U. Calif. Press, 1958). Values and
utility are at least vector quantities (see Multiple Criteria
Optimization by R. E. Steuer, Wiley and Sons) having multiple
roughly orthogonal components. This is why capitalism is at
odds with real human values.

Rating:
Summary: Excellent Book!
Review: Wonderfully intriguing and lucid. Mr. Kaplan is an asset to the field of Epistemology!