Bruno de Finetti e la geometria del benessere (Bruno de Finetti and the geometry of welfare))

Rosaria Adriani
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Rosaria Adriani: Università di Pisa - Dipartimento di Scienze Economiche

Il Pensiero Economico Italiano, 2006, vol. 14, issue 2, 101-121

Abstract: This paper attempts to give an interpretation of the economic thought of the Italian mathematician Bruno de Finetti (1906-1985). De Finetti is well known to the international scientific community for his theories, elaborated during the 1930s, on subjective probability. The concept of probability and that of utility, according to de Finetti’s view, are strictly connected, as shown by the studies on decision theory that were developed some decades later. De Finetti’s contribution tries to reformulate welfare economics as a «geometry of welfare», based on the connection between subjective probability and utility. De Finetti’s geometry of welfare starts from the Paretian Optimum to formalize an original social welfare function.

Keywords: Bruno de Finetti; probabilità soggettiva; economia del benessere (Bruno de Finetti; subjective probability; welfare economics) (search for similar items in EconPapers)
JEL-codes: B10 D60 D80 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pei:journl:v:14:y:2006:2:4:p:101-121

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