In What Ways Is Utilitarianism Thought to Be Too Demanding

question 23

Essay

In what ways is utilitarianism thought to be too demanding? Give examples to explain your answer. What do you think the utilitarian would say in response to this objection?

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Definitions:

Sharpe Measure

A method to evaluate the risk-adjusted return of an investment, comparing portfolio excess return to the standard deviation of the portfolio.

Excess Returns

The return on an investment above the return expected from risk-free investments or the market's benchmark.

Risk-free Asset

An investment that is assumed to have no risk of financial loss, often exemplified by government bonds.

Kurtosis

A statistical measure that describes the shape of a distribution's tails in relation to a normal distribution, indicating the potential for extreme outcomes.