首页 | 本学科首页   官方微博 | 高级检索  
     检索      


More on Harsanyi's utilitarian cardinal welfare theorem
Authors:K C Border
Institution:(1) Division of the Humanities and Social Sciences, California Institute of Technology, 91125 Pasadena, CA, USA
Abstract:If individuals and society both obey the expected utility hypothesis and social alternatives are uncertain, then the social utility must be a linear combination of the individual utilities, provided the society is indifferent when all its members are. This result was first proven by Harsanyi 4] who made implicit assumptions in the proof not actually needed for the result (see 5]). This note presents a straightforward proof of Harsanyi's theorem based on a separating hyperplane argument.I wish to thank Stephen Selinger for pointing out Resnick's argument to me and W. A. J. Luxemburg for a useful discussion which simplified the argument
Keywords:
本文献已被 SpringerLink 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号