Question

Utility has no ethical consideration.

Answer 1

The statement “Utility has no ethical consideration” is not correct. ‘Utility’ refers to the satisfaction or pleasure a person gets from consuming a good or service. It is an economic concept used to study consumer behaviour, and by itself, it does not involve ethics; it only measures satisfaction. However, when utility is applied to social or moral decisions, it becomes an ethical issue. For example, the philosophy of utilitarianism is based on maximising total utility or happiness for the greatest number of people, which is a moral principle. Therefore, while the measurement of utility in economics is value-neutral, the use of utility in decision-making does involve ethical considerations.