Philosophical Studies 178 (9):2853-2871 (2020)
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| Abstract |
I discuss the trilemma that consists of the following three principles being inconsistent:
1. The Common Principle: if one distribution, A, necessarily brings a higher total sum of personal value that is distributed in a more egalitarian way than another distribution, B, A is more valuable than B.
2. (Weak) ex-ante Pareto: if one uncertain distribution, A, is more valuable than another uncertain distribution, B, for each patient, A is more valuable than B.
3. Pluralism about attitudes to risk (Pluralism): the personal value of a prospect is a weighted sum of the values of the prospect’s outcomes, but the weight each outcome gets might be different from the probability the prospect assigns to the outcome.
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| Keywords | social choice risk attitudes Pareto |
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| DOI | 10.1007/s11098-020-01587-9 |
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References found in this work BETA
Theory of Games and Economic Behavior.John Von Neumann & Oskar Morgenstern - 1944 - Princeton, NJ, USA: Princeton University Press.
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Citations of this work BETA
Attitudes toward risk are complicated: experimental evidence for the re-individuation approach to risk-attitudes.Haim Cohen, Anat Maril, Sun Bleicher & Ittay Nissan-Rozen - forthcoming - Philosophical Studies:1-25.
A Defense of Pluralist Egalitarianism Under Severe Uncertainty: Axiomatic Characterization☆.Akira Inoue & Kaname Miyagishima - forthcoming - Journal of Political Philosophy.
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