On Harsanyi's utilitarian cardinal welfare theorem (Q794542): Difference between revisions
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Latest revision as of 09:46, 30 July 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | On Harsanyi's utilitarian cardinal welfare theorem |
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On Harsanyi's utilitarian cardinal welfare theorem (English)
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1984
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A new proof is given of Harsanyi's utilitarian cardinal welfare theorem [see \textit{J. Harsanyi}, J. Political Econ. 63, 309-321 (1955); reprinted in ''Papers in game theory'' (1982; Zbl 0503.90093)], which says that if social indifference obtains when all individuals are indifferent, then the social utility function is a weighted sum of the individual utility functions. Comments on the signs of the weights are included.
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utilitarian aggregation
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utilitarian cardinal welfare theorem
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