A game theoretic account of social justice |
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Authors: | Horace W. Brock |
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Affiliation: | (1) Stanford Research Institute, Stanford, USA;(2) University of Texas at Austin, Austin, USA |
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Abstract: | The role in ethics of game theory proper (as opposed to decision theory) is discussed via an elucidation of a new theory of justice. The new theory integrates into a coherent whole two fundamental distributive norms: To Each According to his Needs; and to Each According to his Contribution. The theory incorporates a new account of ethics in terms of impartial decision — an account which dispenses with the need for a Veil of Ignorance construct. Also, the new theory does not require the use of interpersonal comparisons of utility at an operational level, even though such comparisons arise at a conceptual level. The reason for this lies in its relationship to game theoretical structures which do not entail interpersonal comparisons. Finally, the theory makes possible a new interpretation of two cooperative game solutions: The Nash solution, and the Generalized Shapley Value. |
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