Results 241 to 250 of about 243,398 (291)

Relative Utilitarianism [PDF]

open access: possibleEconometrica, 1999
Summary: In a framework of preferences over lotteries, we show that an axiom system consisting of weakened versions of Arrow's axioms has a unique solution. `Relative utilitarianism' consists of first normalizing individual von Neumann-Morgenstern utilities between 0 and 1 and then summing them.
DHILLON, Amrita, MERTENS, Jean-François
openaire   +2 more sources

Harsanyi’s ‘Utilitarian Theorem’ and Utilitarianism

Noûs, 2002
1.1 In 1955, John Harsanyi proved a remarkable theorem:' Suppose n agents satisfy the assumptions of von Neumann/Morgenstern (1947) expected utility theory, and so does the group as a whole (or an observer). Suppose that, if each member of the group prefers option a to b, then so does the group, or the observer (Pareto condition).
openaire   +1 more source

Utilitarianism

2020
Abstract While Hutcheson and Hume present a utilitarian outlook, Mill and Sidgwick offer a systematic defence of it. They argue: (1) Utilitarianism makes sense of ordinary moral beliefs, so that anyone who takes these beliefs seriously has good reason to be a utilitarian.
  +4 more sources

Home - About - Disclaimer - Privacy