Abstract
The prevailing theory of self-interest (personal utility or individual welfare) holds that one’s Iife goes well to the extent that one’s desires are fulfilled. In a couple of seminal papers, Overvold raised a devastating objection to this theory---namely that the theory (added to commonsensical beliefs about the nature of action) makes self-sacrifice logically impossible. He then proposed an appealing revision of the prevailing theory, one which provided adequate logical space for self-sacrifice. And he analyzed his revised theory’s implications for the question whether being moral is in one’s self-interest. My paper assesses Overvold’s arguments and proposals, and it shows how they can be modified in certain ways so as to be even more attractive.