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How should we make value judgments about wealth inequality? Harsanyi (1953) proposes to take an individual who evaluates her well-being by expected utility and ask her to evaluate the wealth possibilities ex-ante (i.e. before she finds her place in society, i.e., under the "veil of ignorance" of...
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critiques to utilitarianism by satisfying the following three fairness axioms: possibility of trade-offs sets a limit to the …
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