Measurement theory and the foundations of utilitarianism
نویسندگان
چکیده
منابع مشابه
Measurement theory and the foundations of utilitarianism
This article reconsiders the Harsanyi–Sen debate concerning whether Harsanyi is justified in interpreting his Aggregation and Impartial Observer Theorems as providing axiomatizations of utilitarianism. Sen’s criticism and its formalization by Weymark are based on the claim that von Neumann–Morgenstern utility theory is ordinal, whereas Harsanyi’s utilitarian conclusions require cardinal utility...
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Harsanyi [4, 5] develops expected utility theory of von Neumann and Morgenstern [21] to provide two formalizations of utilitarianism. Weymark [22, 23] refers to these results as Harsanyi’s Aggregation and Impartial Observer Theorems. In this paper, we are concerned only with Aggregation Theorem. Sen [6] argues that von Neumann-Morgenstern expected utility theory is an ordinal theory and, theref...
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We consider the aggregation of individual agents’ von Neumann-Morgenstern’s utility functions into a societal von Neumann-Morgenstern utility function. We start from Harsanyi’s [7] axiomatization of utilitarianism, and ask under which conditions a social preference order that satisfies Harsanyi’s axiom uniquely reveals society’s marginal rates of substitution between the probabilities of any tw...
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ژورنال
عنوان ژورنال: Social Choice and Welfare
سال: 2005
ISSN: 0176-1714,1432-217X
DOI: 10.1007/s00355-005-0017-7