Value Based on Preferences: on Two Interpretations of Preference Utilitarianism
Economics and Philosophy, vol. 12, no. 1, 1996, pp. 1–27
Abstract
What distinguishes preference utilitarianism (PU) from other utilitarian positions is the axiological component: the view concerning what is intrinsically valuable. According to PU, intrinsic value is based on preferences. Intrinsically valuable states are connected to our preferences (wants, desires) being satisfied.