Andonie, Costel; Kuzmics, Christoph; Rogers, Brian W. - Institut für Mathematische Wirtschaftsforschung, … - 2014
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...