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Extending the original position : revisiting the Pattanaik critique of Vickrey/Harsanyi utilitarianism
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Hammond, Peter J. (2013) Extending the original position : revisiting the Pattanaik critique of Vickrey/Harsanyi utilitarianism. Working Paper. Coventry, UK: University of Warwick, Department of Economics. Warwick economics research papers series (TWERPS), Volume 2013 (Number 1008).
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Text (Working paper)
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Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
Harsanyi's original position treats personal identity, upon which each individual's utility depends, as risky. Pattanaik's critique is related to the problem of scaling "state-dependent" von Neumann-Morgenstern
utility when determining subjective probabilities. But a unique social welfare functional, incorporating both level and unit interpersonal comparisons, emerges from contemplating an "extended" original position allowing the probability of becoming each person to be chosen.
Moreover, the paper suggests the relevance of a "Harsanyi ethical type space", with types as both causes and objects of preference.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Pattanaik, Prasanta K., Harsanyi, John C., Game theory , Public welfare, Economics -- Mathematical models | ||||
Series Name: | Warwick economics research papers series (TWERPS) | ||||
Publisher: | University of Warwick, Department of Economics | ||||
Place of Publication: | Coventry, UK | ||||
Official Date: | 2013 | ||||
Dates: |
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Volume: | Volume 2013 | ||||
Number: | Number 1008 | ||||
Number of Pages: | 22 | ||||
Status: | Not Peer Reviewed | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Funder: | Marie Curie Cancer Care, European Commission (EC) | ||||
Grant number: | MEXC-CT-2006-041121 (EC) |
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