About the author:Christopher C. Heathwood is the author of the chapter: "Subjective theories of well-being" and is an associate professor in the Department of Philosophy at the University of Colorado ...

Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Eric's career includes extensive work in both ...

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Is morality – and happiness – determined by how you affect the people around you? Shutterstock It is a word we hear from time to time, but few of us know what it means. Utilitarianism is the method ...

The concept of utilitarianism refers to the doctrine that actions are right if they are useful for the benefit of a majority. The doctrine is that an action is right in so far as it promotes happiness ...

If you answered yes, you were probably using a form of moral reasoning called "utilitarianism." Stripped down to its essentials, utilitarianism is a moral principle that holds that the morally right ...