Coordinating privilege as a verb
Solution 1:
Here is Merriam-Webster's definition of the verb privilege (emphasis mine):
2 : to accord a higher value or superior position
// to privilege one mode of discourse over another
Solution 2:
From Nassim Taleb's The Black Swan:
When these ideas and crisp constructs inhabit our minds, we privilege them over other less elegant objects, those with messier and less tractable structures (an idea that I will elaborate progressively throughout this book)
The usage seems established, if somewhat uncommon.
Solution 3:
I would probably say, "I will favor X over Y."