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This paper provides a welfare analysis of trade liberalization based upon the moral principles of utilitarianism. The … history of the moral philosophy of utilitarianism is described including its introduction into what became known as Cambridge …
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(intergenerational equity), using a common framework generalizing the discounted expected utilitarianism approach. We propose a general …
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In a series of publications, Cass Sunstein amp; Richard Thaler, and Colin Camerer et al., have proposed an approach to legal policy that encourages individuals to pursue actions that will maximize their expected utility while not imposing on those individuals' decisional autonomy. In this...
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