Relative utilitarianism
成果类型:
Article
署名作者:
Dhillon, A; Mertens, JF
署名单位:
University of Warwick; Universite Catholique Louvain
刊物名称:
ECONOMETRICA
ISSN/ISSBN:
0012-9682
DOI:
10.1111/1468-0262.00033
发表日期:
1999
页码:
471-498
关键词:
摘要:
In a framework of preferences over lotteries, we show that an axiom system consisting of weakened versions of Arrow's axioms has a unique solution. Relative Utilitarianism consists of first normalizing individual von Neumann-Morgenstern utilities between 0 and 1 and then summing them.
来源URL: