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Following a long-standing philosophical tradition, impartiality is a distinctive and determining feature of moral judgements, especially in matters of distributive justice. This broad ethical tradition was revived in welfare economics by Vickrey, and aboce all, Harsanyi, under the form of the...
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Keynes' General Theory (GT) ist in zweierlei Hinsicht umfassender als das (neo-) klassische Modell: (1) sie schließt …Keynes's General Theory (GT) is more comprehensive than the (neo-) classical model: (1) is comprises the full …
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from Keynes's Treatise on Probability to the General Theory and its defence provides a positive analysis of decision …This paper focuses on Keynes's understanding of individual decision-making under uncertainty and tries to address a … the financial crisis, a number of scholars have placed emphasis on well-known excerpts from the General Theory dealing …
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The paper re-expresses arguments against the normative validity of expected utility theory in Robin Pope (1983, 1991a … essential uniqueness property in the context of temporal and atemporal expected utility theory and a proof of the absence of a … limit property natural in an axiomatised approach to temporal expected utility theory. Problems of the time structure of …
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