Andrea Klonschinski is a postdoctoral research associate at the University of Kiel.

• 1. Introduction 2. The Utility Concept in Economics: From Pleasure Maximization to Rational Choice 3. On the Rise, Rationale, and Authority of Economic Evaluation 4. The Empirical Failure of CUA and the Approach of Equity Weighting 5. Values, Weights, and Trade-Offs: The Economic Conception of Choice 6. Inconsistencies in the Determination and Measurement of Social Values 7. On the Normative Status of Empirically Elicited Prioritization Preferences 8. Conclusion

Andrea Klonschinski is a postdoctoral research associate at the University of Kiel.

• 1. Introduction 2. The Utility Concept in Economics: From Pleasure Maximization to Rational Choice 3. On the Rise, Rationale, and Authority of Economic Evaluation 4. The Empirical Failure of CUA and the Approach of Equity Weighting 5. Values, Weights, and Trade-Offs: The Economic Conception of Choice 6. Inconsistencies in the Determination and Measurement of Social Values 7. On the Normative Status of Empirically Elicited Prioritization Preferences 8. Conclusion

Andrea Klonschinski is a postdoctoral research associate at the University of Kiel.

• 1. Introduction 2. The Utility Concept in Economics: From Pleasure Maximization to Rational Choice 3. On the Rise, Rationale, and Authority of Economic Evaluation 4. The Empirical Failure of CUA and the Approach of Equity Weighting 5. Values, Weights, and Trade-Offs: The Economic Conception of Choice 6. Inconsistencies in the Determination and Measurement of Social Values 7. On the Normative Status of Empirically Elicited Prioritization Preferences 8. Conclusion