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Allocating chances of success in finite and infinite societies: The utilitarian criterion

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  • Mariotti, Marco
  • Veneziani, Roberto

Abstract

We study a particular collective choice problem, that of allocating chances of success. We argue that many problems of interest have this nature, from small scale problems like medical triage to large scale ones like the allocation of opportunities in society. We consider both finite and infinite societies. We characterise utilitarian-type criteria by means of new properties tailored to the probabilistic structure of the alternatives.

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  • Mariotti, Marco & Veneziani, Roberto, 2012. "Allocating chances of success in finite and infinite societies: The utilitarian criterion," Journal of Mathematical Economics, Elsevier, vol. 48(4), pages 226-236.
  • Handle: RePEc:eee:mateco:v:48:y:2012:i:4:p:226-236
    DOI: 10.1016/j.jmateco.2012.05.003
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    Cited by:

    1. Michele Lombardi & Kaname Miyagishima & Roberto Veneziani, 2016. "Liberal Egalitarianism and the Harm Principle," Economic Journal, Royal Economic Society, vol. 126(597), pages 2173-2196, November.
    2. Naoki Yoshihara & Roberto Veneziani, 2013. "The Measurement of Labour Content: A General Approach," UMASS Amherst Economics Working Papers 2013-05, University of Massachusetts Amherst, Department of Economics.
    3. Mariotti, Marco & Veneziani, Roberto, 2013. "On the impossibility of complete Non-Interference in Paretian social judgements," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1689-1699.
    4. Marco, Mariotti & Roberto, Veneziani, 2012. "Opportunities as chances: maximising the probability that everybody succeeds," MPRA Paper 41884, University Library of Munich, Germany.

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