Showing 1 - 10 of 21
We confront two common objections to Harsanyi's impartial observer theorem; one to do with 'fairness', and the other to do with different individuals' having different attitudes toward risk. Both these objections can be accommodated if we drop the reduction axiom; in particular, if we...
Persistent link: https://www.econbiz.de/10010332362
Persistent link: https://www.econbiz.de/10009633452
We confront two common objections to Harsanyi's impartial observer theorem; one to do with 'fairness', and the other to do with different individuals' having different attitudes toward risk. Both these objections can be accommodated if we drop the reduction axiom; in particular, if we...
Persistent link: https://www.econbiz.de/10001763119
Persistent link: https://www.econbiz.de/10009680937
Persistent link: https://www.econbiz.de/10003461346
We provide an axiomatization of generalized utilitarian social welfare functions in the context of Harsanyi's impartial observer theorem. To do this, we reformulate Harsanyi's problem such that lotteries over identity (accidents of birth) and lotteries over outcomes (life chances) are...
Persistent link: https://www.econbiz.de/10012779382
Persistent link: https://www.econbiz.de/10003836691
Persistent link: https://www.econbiz.de/10003881084
Persistent link: https://www.econbiz.de/10009308122
Persistent link: https://www.econbiz.de/10009243314