Uncertainty and critical-level population principles
This paper analyzes variable-population social-evaluation principles in a framework where outcomes are uncertain. We provide characterizations of expected-utility versions of critical-level generalized utilitarian rules. These principles evaluate lotteries over possible states of the world on the basis of the sum of the expected values of differences between transformed utility levels and a transformed critical level, conditional on the agents` being alive in the states under consideration. Equivalently, the critical-level utilitarian value functions applied to weighted individual expected utilities can be employed. Weights are determined by the anonymity axiom.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 11 (1998)
Issue (Month): 1 ()
|Note:||Received: 21 November 1996 / Accepted: 11 March 1997|
|Contact details of provider:|| Phone: +43-70-2468-8236|
Web page: http://link.springer.de/link/service/journals/00148/index.htm
More information through EDIRC
|Order Information:||Web: http://link.springer.de/orders.htm|
When requesting a correction, please mention this item's handle: RePEc:spr:jopoec:v:11:y:1998:i:1:p:1-20. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.