How we may have been misled into believing in the interpersonal comparability of utility (Q792196)

From MaRDI portal
scientific article
Language Label Description Also known as
English
How we may have been misled into believing in the interpersonal comparability of utility
scientific article

    Statements

    How we may have been misled into believing in the interpersonal comparability of utility (English)
    0 references
    0 references
    0 references
    0 references
    1983
    0 references
    Interpersonal comparison of utility is generally discredited as a normative assumption, but it is nevertheless observable. The authors investigate the degree to which the concept of ordinal intercomparability of utilities leads to interpersonal agreement. They conclude that, while possible, the agreement is not unique and that while there are dynamic processes that lead to ordinal intercomparability, they depend heavily on social and accidental matters.
    0 references
    0 references
    ordinal intercomparability of utilities
    0 references