Amiel, Yoram, Cowell, Frank ORCID: 0000-0002-3778-2152 and Gaertner, W (2006) To be or not to be involved: a questionnaire-experimental view on Harsanyi's utilitarian ethics. . Suntory and Toyota International Centres for Economics and Related Disciplines, London, UK.
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Abstract
According to standard theory founded on Harsanyi (1953, 1955) a social welfare function can be appropriately based on the individual’s approach to choice under uncertainty. We investigate whether people really do rank distributions according to the same principles irrespective of whether the comparison involves money payoffs in a risky situation or the distribution of income among persons. We use a questionnaire experiment to focus on the two different interpretations of the Harsanyi approach. There are important, systematic differences that transcend the cultural background of respondents.
Item Type: | Monograph (Discussion Paper) |
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Official URL: | http://sticerd.lse.ac.uk/ |
Additional Information: | © 2006 Yoram Amiel, Frank A. Cowell and Wulf Gaertner |
Divisions: | Economics STICERD Centre for Analysis of Social Exclusion |
Subjects: | H Social Sciences > HV Social pathology. Social and public welfare. Criminology H Social Sciences > HA Statistics |
JEL classification: | C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods: General > C13 - Estimation D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement |
Date Deposited: | 22 Aug 2007 |
Last Modified: | 11 Dec 2024 18:46 |
URI: | http://eprints.lse.ac.uk/id/eprint/2687 |
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