arrow
Return

The Risk-Priority View

delete2026-04-01
delete0
PRE
AI
C
Cibinel, Pietro *
DOI:10.1017/s0266267126100716delete
deleteOriginal
deleteOriginal request for help
deleteShare
deleteSave
Abstract

Abstract

En 中文
This paper develops and defends a non-utilitarian interpretation of John Harsanyi's social aggregation theorem and sum of vNM utilities approach. On this interpretation, vNM utilities transform an independently available cardinal measure of fully comparable individual well-being. The resulting proposal for ranking well-being distributions - the Risk-Priority View - is not welfare-anonymous and can favour a smaller increase in well-being for one individual rather than a larger increase in well-being for another, equally well-off individual. I argue here that such counterintuitive implications can be defended, and that impartiality can still be secured through the imposition of an alternative, interprofile anonymity axiom.
Keywords:
Harsanyi's social aggregation theorem
Sen-Weymark critique
vNM utility
well-being
distributive ethics

Journal

E
ECONOMICS & PHILOSOPHY
IF:
1.5
Papers:
25
Citations:
0

Organization

U
University of North Carolina
Scholars:
5.4K
Papers: 2.5K
Citations: 337
Cited Papers

Cited Papers

A new puzzle in the social evaluation of risk
err2022-02-02
err0
errOAAI
errMarc Fleurbaey; Stéphane Zuber
errShare
errSave
errShare
errSave
MARGINAL VALUE AND INTRINSIC RISK AVERSION
err1988-10-28
err0
PREAI
errDavid E. Bell; Howard Raiffa
errShare
errSave
errShare
errSave
Weighing Lives
err
IF0
err2005-10-01
err0
PREAI
errJohn Broome
errShare
errSave
Some formal models of grading principles
err1966-12-01
err0
PREAI
errPatrick Suppes
errShare
errSave
errShare
errSave
Population Issues in Social Choice Theory, Welfare Economics, and Ethics
err
IF0
err2013-01-05
err0
PREAI
errCharles Blackorby; Walter Bossert; David J. Donaldson
errShare
errSave
researcher View more