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Harsanyis Utilitarian Theorem
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Book Synopsis Harsanyi's Utilitarian Theorem by : Peter J. Hammond
Download or read book Harsanyi's Utilitarian Theorem written by Peter J. Hammond and published by . This book was released on 1991 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Papers in Game Theory by : J.C. Harsanyi
Download or read book Papers in Game Theory written by J.C. Harsanyi and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains twelve of my game-theoretical papers, published in the period of 1956-80. It complements my Essays on Ethics, Social Behavior, and Scientific Explanation, Reidel, 1976, and my Rational Behavior and Bargaining Equilibrium in Games and Social Situations, Cambridge University Press, 1977. These twelve papers deal with a wide range of game-theoretical problems. But there is a common intellectual thread going though all of them: they are all parts of an attempt to generalize and combine various game-theoretical solution concepts into a unified solution theory yielding one-point solutions for both cooperative and noncooperative games, and covering even such 'non-classical' games as games with incomplete information. SECTION A The first three papers deal with bargaining models. The first one discusses Nash's two-person bargaining solution and shows its equivalence with Zeuthen's bargaining theory. The second considers the rationality postulates underlying the Nash-Zeuthen theory and defends it against Schelling's objections. The third extends the Shapley value to games without transferable utility and proposes a solution concept that is at the same time a generaliza tion of the Shapley value and of the Nash bargaining solution.
Book Synopsis Justice, Political Liberalism, and Utilitarianism by : Marc Fleurbaey
Download or read book Justice, Political Liberalism, and Utilitarianism written by Marc Fleurbaey and published by Cambridge University Press. This book was released on 2010-12-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The utlitiarian economist and Nobel Laureate John Harsanyi and the liberal egalitarian philosopher John Rawls were two of the most eminent scholars writing on problems of social justice in the last century. The contributions to this volume, addressed to an interdisciplinary audience, pay tribute to them by investigating themes that figure prominently in their work. In some cases, the contributors explore issues considered by Harsanyi and Rawls in more depth and from novel perspectives. In others, the contributors use the work of Harsanyi and Rawls as points of departure for pursuing the construction of new theories for the evaluation of social justice.
Book Synopsis Foundational Problems in the Special Sciences by : Robert E. Butts
Download or read book Foundational Problems in the Special Sciences written by Robert E. Butts and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fifth International Congress of Logic, Methodology and Philosophy of Science was held at the University of Western Ontario, London, Canada, 27 August to 2 September 1975. The Congress was held under the auspices of the International Union of History and Philosophy of Science, Division of Logic, Methodology and Philosophy of Science, and was sponsored by the National Research Council of Canada and the University of Western Ontario. As those associated closely with the work of the Division over the years know weIl, the work undertaken by its members varies greatly and spans a number of fields not always obviously related. In addition, the volume of work done by first rate scholars and scientists in the various fields of the Division has risen enormously. For these and related reasons it seemed to the editors chosen by the Divisional officers that the usual format of publishing the proceedings of the Congress be abandoned in favour of a somewhat more flexible, and hopefully acceptable, method of pre sentation. Accordingly, the work of the invited participants to the Congress has been divided into four volumes appearing in the University of Western Ontario Series in Philosophy of Science. The volumes are entitled, Logic, Foundations of Mathematics and Computability Theory, Foun dational Problems in the Special Sciences, Basic Problems in Methodol ogy and Linguistics, and Historical and Philosophical Dimensions of Logic, Methodology and Philosophy of Science.
Book Synopsis Utilitarianism and Beyond by : Amartya Sen
Download or read book Utilitarianism and Beyond written by Amartya Sen and published by Cambridge University Press. This book was released on 1982-06-10 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utilitarianism considered both as a theory of personal morality and a theory of public choice.
Book Synopsis The Cambridge Companion to Utilitarianism by : Ben Eggleston
Download or read book The Cambridge Companion to Utilitarianism written by Ben Eggleston and published by Cambridge University Press. This book was released on 2014-01-30 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utilitarianism, the approach to ethics based on the maximization of overall well-being, continues to have great traction in moral philosophy and political thought. This Companion offers a systematic exploration of its history, themes, and applications. First, it traces the origins and development of utilitarianism via the work of Jeremy Bentham, John Stuart Mill, Henry Sidgwick, and others. The volume then explores issues in the formulation of utilitarianism, including act versus rule utilitarianism, actual versus expected consequences, and objective versus subjective theories of well-being. Next, utilitarianism is positioned in relation to Kantianism and virtue ethics, and the possibility of conflict between utilitarianism and fairness is considered. Finally, the volume explores the modern relevance of utilitarianism by considering its practical implications for contemporary controversies such as military conflict and global warming. The volume will be an important resource for all those studying moral philosophy, political philosophy, political theory, and history of ideas.
Book Synopsis Reconciling Our Aims by : Allan Gibbard
Download or read book Reconciling Our Aims written by Allan Gibbard and published by Oxford University Press. This book was released on 2008-09-12 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: In these three Tanner lectures, distinguished ethical theorist Allan Gibbard explores the nature of normative thought and the bases of ethics. In the first lecture he explores the role of intuitions in moral thinking and offers a way of thinking about the intuitive method of moral inquiry that both places this activity within the natural world and makes sense of it as an indispensable part of our lives as planners. In the second and third lectures he takes up the kind of substantive ethical inquiry he has described in the first lecture, asking how we might live together on terms that none of us could reasonably reject. Since working at cross purposes loses fruits that might stem from cooperation, he argues, any consistent ethos that meets this test would be, in a crucial way, utilitarian. It would reconcile our individual aims to establish, in Kant's phrase, a "kingdom of ends." The volume also contains an introduction by Barry Stroud, the volume editor, critiques by Michael Bratman (Stanford University), John Broome (Oxford University), and F. M. Kamm (Harvard University), and Gibbard's responses.
Download or read book A Theory of Justice written by John RAWLS and published by Harvard University Press. This book was released on 2009-06-30 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though the revised edition of A Theory of Justice, published in 1999, is the definitive statement of Rawls's view, so much of the extensive literature on Rawls's theory refers to the first edition. This reissue makes the first edition once again available for scholars and serious students of Rawls's work.
Book Synopsis Utilitarianism, Institutions, and Justice by : James Wood Bailey
Download or read book Utilitarianism, Institutions, and Justice written by James Wood Bailey and published by Oxford University Press, USA. This book was released on 1997 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Far from recommending cruel acts, utilitarianism, understood this way, actually runs congruent to our basic moral intuitions.
Download or read book Early Utilitarians written by Ken Binmore and published by Springer Nature. This book was released on 2021-09-11 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: People who put the public good before their own self interest have been admired throughout history. But what is the public good? Sages and prophets who think they know better what is good for us than we know ourselves held sway on this subject for more than two thousand years. The world had to wait for the Enlightenment that burst upon the world in the eighteenth century for an account of the public good free from the prejudices of the privileged classes. Utilitarianism is our name for this new way of thinking about morality. Francis Hutcheson encapsulated its aims by inventing its catchphrase “The greatest happiness for the greatest number’’ fifty years before Jeremy Bentham, to whom the slogan is usually attributed. But what is happiness? Why did Jeremy Bentham and John Stuart Mill prefer to speak of utility? How did economists develop this notion? Does it really make sense to compare the utilities of different people? Bob may complain more than Alice in the dentist’s chair, but is he really suffering more? Why should I put the sum of everybody’s utility before my own utility? This short book asks how such questions arose from the social and political realities of the times in which the early utilitarians lived. Nobody need fear being crushed by heavy metaphysical reasoning or incomprehensible algebra when this story is told. This book argues that the answers to all the questions that the early utilitarians found so difficult are transparent when we stand upon their shoulders to look back upon their work. The problem for the early utilitarians was to free themselves from the prejudices of their time. The lesson for us is perhaps that we too need to free ourselves from the prejudices of our own time.
Book Synopsis Rational Behavior and Bargaining Equilibrium in Games and Social Situations by : John C. Harsanyi
Download or read book Rational Behavior and Bargaining Equilibrium in Games and Social Situations written by John C. Harsanyi and published by CUP Archive. This book was released on 1986 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a paperback edition of a major contribution to the field, first published in hard covers in 1977. The book outlines a general theory of rational behaviour consisting of individual decision theory, ethics, and game theory as its main branches. Decision theory deals with a rational pursuit of individual utility; ethics with a rational pursuit of the common interests of society; and game theory with an interaction of two or more rational individuals, each pursuing his own interests in a rational manner.
Book Synopsis Utilitarianism - Ed. Heydt by : John Stuart Mill
Download or read book Utilitarianism - Ed. Heydt written by John Stuart Mill and published by Broadview Press. This book was released on 2010-08-06 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Stuart Mill’s Utilitarianism is a philosophical defense of utilitarianism, a moral theory stating that right actions are those that tend to promote overall happiness. The essay first appeared as a series of articles published in Fraser’s Magazine in 1861; the articles were collected and reprinted as a single book in 1863. Mill discusses utilitarianism in some of his other works, including On Liberty and The Subjection of Women, but Utilitarianism contains his only sustained defence of the theory. In this Broadview Edition, Colin Heydt provides a substantial introduction that will enable readers to understand better the polemical context for Utilitarianism. Heydt shows, for example, how Mill’s moral philosophy grew out of political engagement, rather than exclusively out of a speculative interest in determining the nature of morality. Appendices include precedents to Mill’s work, reactions to Utilitarianism, and related writings by Mill.
Book Synopsis Models and Measurement of Welfare and Inequality by : Wolfgang Eichhorn
Download or read book Models and Measurement of Welfare and Inequality written by Wolfgang Eichhorn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 1021 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature on economic problems connected with measuring and modelling of welfare and inequality has grown rapidly within the last decade. Since this literature is scattered throughout a great number of journals on economics, economic theory, econometrics, and statisties, it is difficult to get an adequate picture of the present state of the art. Therefore books should appear from time to time, which offer a representative cross-section of the latest results of research on: the subject. This book offers such material. It contains 54 articles by 84 authors from four of the five continents. Each paper has been reviewed by two referees. As a conse quence, the contributions of this book are revised versions, or, in many cases, revised revisions of the original papers. The book is divided into four parts. Part I: Measurement of Inequality and Poverty This part contains eleven papers on theory and empirical applications of inequa lity and/or poverty measures. Two contributions deal with, among other things, experimental findings on questions concerning the acceptance of distributional axioms. Part II: Taxation and Redistribution Distributional or, rather, redistributional aspects play an important role in Part II. The topics of the 14 papers included in this part range from tax progressivity and redistribution, allocative consequences of splitting under income taxation, and connections between income tax and cost-of-living indices to merit goods and welfarism as well as to welfare aspects of tax reforms.
Book Synopsis The Community of Advantage by : Robert Sugden
Download or read book The Community of Advantage written by Robert Sugden and published by Oxford University Press. This book was released on 2018-06-13 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Community of Advantage asks how economists should do normative analysis. Normative analysis in economics has usually aimed at satisfying individuals' preferences. Its conclusions have supported a long- standing liberal tradition of economics that values economic freedom and views markets favourably. However, behavioural research shows that individuals' preferences, as revealed in choices, are often unstable, and vary according to contextual factors that seem irrelevant for welfare. Robert Sugden proposes a reformulation of normative economics that is compatible with what is now known about the psychology of choice. The growing consensus in favour of paternalism and 'nudging' is based on a very different way of reconciling normative economics with behavioural findings. This is to assume that people have well-defined 'latent' preferences which, because of psychologically-induced errors, are not always revealed in actual choices. The economist's job is then to reconstruct latent preferences and to design policies to satisfy them. Challenging this consensus, The Community of Advantage argues that latent preference and error are psychologically ungrounded concepts, and that economics needs to be more radical in giving up rationality assumptions. Sugden advocates a kind of normative economics that does not use the concept of preference. Its recommendations are addressed, not to an imagined 'social planner', but to citizens, viewed as potential parties to mutually beneficial agreements. Its normative criterion is the provision of opportunities for individuals to participate in voluntary transactions. Using this approach, Sugden reconstructs many of the normative conclusions of the liberal tradition. He argues that a well-functioning market economy is an institution that individuals have reason to value, whether or not their preferences satisfy conventional axioms of rationality, and that individuals' motivations in such an economy can be cooperative rather than self-interested.
Book Synopsis Responsibility and Distributive Justice by : Carl Knight
Download or read book Responsibility and Distributive Justice written by Carl Knight and published by Oxford University Press. This book was released on 2011-03-03 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents new essays investigating a difficult theoretical and practical problem: how do we find a place for individual responsibility in a theory of distributive justice? Does what we choose affect what we deserve? Would making justice sensitive to responsibility give people what they deserve? Would it advance or hinder equality?
Book Synopsis Advanced Lectures in Quantitative Economics by : Frederick van Der Ploeg
Download or read book Advanced Lectures in Quantitative Economics written by Frederick van Der Ploeg and published by Academic Press. This book was released on 2014-05-01 with total page 649 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Lectures in Quantitative Economics summarizes some of the efforts of a second-phase program for first-rate candidates with a Master's degree in economics who wish to continue with a doctoral degree in quantitative economics. This book is organized into three main topics—macroeconomics, microeconomics, and econometrics. This text specifically discusses the Neo-Keynesian macroeconomics in an open economy, international coordination of monetary policies under alternative exchange-rate regimes, and prospects for global trade imbalances. The post-war developments in labor economics, introduction to overlapping generation models, and measurement of expectations and direct tests of the REH are also elaborated. This monograph likewise covers the dynamic econometric modeling of decisions under uncertainty and fundamental bordered matrix of linear estimation. This publication is a good reference for students and specialists interested in quantitative economics.
Download or read book Moral Aggregation written by Iwao Hirose and published by Oxford University Press, USA. This book was released on 2015 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book elucidates the theoretical structure and scope of interpersonal and intra-personal aggregation--a trade-off between benefits to a group of individuals and losses to another group of individuals--and defends a form of aggregation -- formal aggregation -- that resolves a variety of outstanding problems arising from the conventional understanding of aggregation, including the Number Problem concerning the moral relevance of the number of individuals.