Expected Utility theory is not only applied to individual choices but also to ethical decisions, e.g. in cost … EU theory is able to deal with 'catastrophic risks', i.e. risks of high, but very unlikely losses, in an ethically … appealing way. In this paper we show that this is not the case. Rather, if in the framework of EU theory a plausible level of …

of others, the optimal income distribution under utilitarianism is equality of incomes. …

Amartya Sen has advanced a number of distinct arguments against utilitarianism and 'utility'-based views more generally …

dieses Beitrags lautet, dass Ludwig von Mises‘ (Neu-)Bestimmung des Liberalismus eine Antwort auf diese Frage gibt, und zwar … deshalb, weil Mises den Argumentationsmodus des Liberalismus systematisch auf Konsens ausrichtet. Zu diesem Zweck bestimmt von … that ultimately constitute the scope of societal policy and practice. This paper argues that Ludwig von Mises' liberalism …

of exception take on a new reality, as do the classical arguments of utilitarianism and libertarianism. In this paper, I …

people are plagued by irrational biases and inconsistencies. The author elucidates how these developments have led to a post-utilitarianism …

darin ist sein spezifischer Liberalismus, der durch einen negativen Begriff von Freiheit bestimmt ist. Damit verbunden ist …Friedrich August von Hayek left a broad theoretical oeuvre to posterity. His specific liberalism, which is determined …