Similar Search Results

Foundations of Utilitarianism under Risk and Variable Population

Spears, Dean; Zuber, Stéphane - 2021

Utilitarianism is the most prominent family of social welfare functions. We present three new axiomatic ….'s (1998) Expected Critical-Level Generalized Utilitarianism (ECLGU) is equivalent to a new axiom holding that it is better to … novel characterizations extend classic axiomatizations of utilitarianism from settings with either social risk or variable …

Persistent link: https://www.econbiz.de/10012658094

Social risk effects: The "experience of social risk" factor / Florian Diekert, Timo Goeschl, and Christian König-Kersting

Diekert, Florian; Goeschl, Timo; König-Kersting, Christian - 2021

Anticipating "social risk", or risk caused by humans, affects decision-making differently from anticipating natural risk. Drawing upon a large sample of the US population (n=3,982), we show that the phenomenon generalizes to risk experience. Experiencing adverse outcomes caused by another human...

Persistent link: https://www.econbiz.de/10013269299

Efficiency Based Measures of Inequality

Andonie, Costel; Kuzmics, Christoph; Rogers, Brian W. - 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...

Persistent link: https://www.econbiz.de/10010427190

The limit of discounted utilitarianism

Jonsson, Adam; Voorneveld, Mark - In: Theoretical Economics 13 (2018) 1, pp. 19-37

This paper presents an infinite-horizon version of intergenerational utilitarianism. By studying discounted … utilitarianism as the discount factor tends to one, we obtain a new welfare criterion: limit-discounted utilitarianism (LDU). We show …

Persistent link: https://www.econbiz.de/10012010018

Welfare as Simple(x) Equity Equivalents

Berger, Loïc; Emmerling, Johannes - 2017

(intergenerational equity), using a common framework generalizing the discounted expected utilitarianism approach. We propose a general …

Persistent link: https://www.econbiz.de/10011662424

The Limits to Moral Erosion in Markets: Social Norms and the Replacement Excuse

Bartling, Björn; Özdemir, Yagiz - 2017

This paper studies the impact of a key feature of competitive markets on moral behavior: the possibility that a competitor will step in and conclude the deal if a conscientious market actor forgoes a profitable business opportunity for ethical reasons. We study experimentally whether people...

Persistent link: https://www.econbiz.de/10011777561

The limits to moral erosion in markets: Social norms and the replacement excuse

Bartling, Björn; Özdemir, Yagiz - 2017

Persistent link: https://www.econbiz.de/10011784297

Infinite Population Utilitarian Criteria

Asheim, Geir B.; Kamaga, Kohei; Zuber, Stéphane - 2022

how a novel criterion, Strongly Anonymous Utilitarianism, can be characterized by combining Strong Anonymity with other …

Persistent link: https://www.econbiz.de/10013177610

A Soul's View of the Optimal Population Problem

de la Croix, David; Doepke, Matthias - 2021

A long-standing challenge for welfare economics is to develop welfare criteria that can be applied to allocations with different population levels. Such a criterion is essential to resolve the optimal population problem, i.e., the tradeoff between population size and the welfare of each person...

Persistent link: https://www.econbiz.de/10012597368

A utilitarian notion of responsibility for sustainability

Fünfgelt, Joachim; Baumgärtner, Stefan - 2012

We develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer's (1972) principle and the Brundtland Commission's notion ofsustainability (WCED 1987). We relate this notion of responsibility to established criteria forthe assessment of...

Persistent link: https://www.econbiz.de/10010281771