CONCERNS FOR THE POORLY OFF IN ORDERING RISKY PROSPECTS

Luc Bovens

Economics and Philosophy, 2015, vol. 31, issue 3, 397-429

Abstract: The Distribution View provides a model that integrates four distributional concerns in the evaluation of risky prospects. Starting from these concerns, we can generate an ordering over a set of risky prospects, or, starting from an ordering, we can extract a characterization of the underlying distributional concerns. Separability of States and/or Persons for multiple-person risky prospects, for single-person risky prospects and for multiple-person certain prospects are discussed within the model. The Distribution View sheds light on public health policies and provides a framework for the discussion of Parfit's Priority View for risky prospects.

Date: 2015
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