Equity Judgements Elicited Through Experiments: An Econometric Examination

Jochen Jungeilges and Theis Theisen
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Jochen Jungeilges: University of Bielefeld
Theis Theisen: Agder University College

Chapter 10 in Psychology, Rationality and Economic Behaviour, 2005, pp 195-241 from Palgrave Macmillan

Abstract: Abstract Utilitarianism and Rawisianism stand out as prominent schools of social welfare assessment. According to the utilitarian school, welfare judgements should be based on how policies affect the sum of individual utilities. By contrast, according to the maximin principle of Rawls (1971), the Rawlsian school claims that welfare judgements should be based on how policies affect the utility of the worst-off individual in society.

Keywords: Parental Background; Dialysis Machine; Decision Pattern; Intelligent Child; Equity Axiom (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1057/9780230522343_10

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