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Following a long-standing philosophical tradition, impartiality is a distinctive and determining feature of moral judgments, especially in matters of distributive justice. This broad ethical tradition was revived in welfare economics by Vickrey, and above all, Harsanyi, under the form of the...
Persistent link: https://www.econbiz.de/10005412494
Aggregation and Impartial Observer Theorems as providing axiomatizations of utilitarianism. Sen's criticism and its formalization …
Persistent link: https://www.econbiz.de/10005459272
, Weymark) has argued that Harsanyi has not, in fact, axiomatized utilitarianism because he has misapplied expected utility … utilitarianism requires a cardinal theory of utility in which only von Neumann-Morgenstern utility functions are acceptable …
Persistent link: https://www.econbiz.de/10005063707
We provide characterizations of a class of rank-mobility measures and of a specific member of this class. These measures are based on the Kemeny distance for orderings. We use the well-known replication-invariance property to ensure that our measures are applicable in variable-population...
Persistent link: https://www.econbiz.de/10011127540
We provide a general method for extending fair social preferences defined for riskless economic environments to the context of risk and uncertainty. We apply the méthod to the problems of managing unemployment allowances (in the context of macroeconomic fluctuations) and catastrophic risks (in...
Persistent link: https://www.econbiz.de/10010753973
According to standard theory founded on Harsanyi (1953, 1955) a social welfarefunction can be appropriately based on the individual's approach to choice underuncertainty. We investigate whether people really do rank distributions according tothe same principles irrespective of whether the...
Persistent link: https://www.econbiz.de/10005510520
This paper carries out a brief analysis of Amartya Sen’s thinking on Justice, based on Part IV of his book The Idea of Justice. Besides of describing Sen’s thoughts on the subject, the paper aims to contextualize it in the evolution of Sen’s work and in the general discussion on Justice in...
Persistent link: https://www.econbiz.de/10011260573
This paper presents an infinite-horizon version of intergenerational utilitarianism. By studying discounted … utilitarianism as the discount factor tends to one, we obtain a welfare criterion --- limit-discounted utilitarianism (LDU) --- that … for limit-discounted utilitarianism is presented. …
Persistent link: https://www.econbiz.de/10011188492
and provide an algorithm for testing if a given deterministic assignment is efficient. We also characterize utilitarianism …
Persistent link: https://www.econbiz.de/10010818957
En este artículo se pretenden bosquejar algunas ideas relacionadas con la contradicciónentre los postulados del liberalismo, respeto a la propiedad, a la libertad de los individuos,a la libre movilidad de los factores, a la flexibilidad de precios y salarios, a los postuladosdel individualismo...
Persistent link: https://www.econbiz.de/10010763359