Skip to main content
×
Home
    • Aa
    • Aa

Clumps and Pumps: Clumpiness, Resolution and Rational Choice

  • ASBJØRN STEGLICH-PETERSEN (a1)
Abstract

It is widely held that the possibility of value-incomparability poses a serious threat to comparativism. Some comparativists propose to avoid this problem by supplementing the three traditional value relations with a fourth value relation, variously identified as ‘roughly equal’ or ‘on a par’. However, in a recent article in this journal, Nien-he Hsieh has proposed that the comparisons thought to require rough equality or parity could instead be understood in terms of the concept of ‘clumpiness’. Against this suggestion, Martin Peterson has argued that the concept of clumpiness allows agents to be exploited in money-pumps, thus removing the central appeal of the concept. In this note, I show that Peterson's argument fails to establish that the concept of clumpiness allows agents to be exploited in money-pumps.

  • View HTML
    • Send article to Kindle

      To send this article to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about sending to your Kindle.

      Note you can select to send to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be sent to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

      Find out more about the Kindle Personal Document Service.

      Clumps and Pumps: Clumpiness, Resolution and Rational Choice
      Available formats
      ×
      Send article to Dropbox

      To send this article to your Dropbox account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your Dropbox account. Find out more about sending content to Dropbox.

      Clumps and Pumps: Clumpiness, Resolution and Rational Choice
      Available formats
      ×
      Send article to Google Drive

      To send this article to your Google Drive account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your Google Drive account. Find out more about sending content to Google Drive.

      Clumps and Pumps: Clumpiness, Resolution and Rational Choice
      Available formats
      ×
Copyright
Linked references
Hide All

This list contains references from the content that can be linked to their source. For a full set of references and notes please see the PDF or HTML where available.

R. Chang , ‘The Possibility of Parity’, Ethics 112 (2002), pp. 659–88

R. Cubitt and R. Sugden , ‘On Money Pumps’, Games and Economic Behaviour 37 (2001), pp. 121–60

Recommend this journal

Email your librarian or administrator to recommend adding this journal to your organisation's collection.

Utilitas
  • ISSN: 0953-8208
  • EISSN: 1741-6183
  • URL: /core/journals/utilitas
Please enter your name
Please enter a valid email address
Who would you like to send this to? *
×

Metrics

Full text views

Total number of HTML views: 1
Total number of PDF views: 11 *
Loading metrics...

Abstract views

Total abstract views: 175 *
Loading metrics...

* Views captured on Cambridge Core between September 2016 - 25th May 2017. This data will be updated every 24 hours.