Autore
Hammond, Peter J.Titolo
Harsanyi's utilitarian theorem: a simpler proof and some ethical connotationsPeriodico
European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papersAnno:
1991 - Fascicolo:
32 - Pagina iniziale:
1 - Pagina finale:
23Harsanyi’s utilitarian theorem states that the social welfare function is the weighted sum of individuals’ utility functions if: (i) society maximizes expected social welfare; (ii) individuals maximize expected utility; (iii) society is indifferent between two probability distributions over social states whenever all individuals are. After giving a simpler proof, an alternative axiomatic foundation for VickreyHarsanyi utilitarianism is provided. The problem of treating societies with incomplete information is also resolved, at least in principle.
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http://hdl.handle.net/1814/371Esportazione dati in Refworks (solo per utenti abilitati)
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