Axiomatic Bayesian Utilitarianism

Richard Bradley
Additional contact information
Richard Bradley: LSE - Laboratoire des Sciences de l'Éducation (Grenoble) - UPMF - Université Pierre Mendès France - Grenoble 2

Working Papers from HAL

Abstract: This paper investigates, within the axiomatic framework of Jeffrey-Bolker decision theory, the relation between two kinds of conditions: (1) The Utilitarian condition that social expected utility function is a weighted sum of the individual expected utility functions; and (2) Homogeneity conditions on the probability and utility functions of individuals. In particular, we show that identity of individuals' probabilities is necessary and sufficient for the Utilitarian condition to hold and that it can be derived from an earlier Pareto condition on the relation between individual and social rankings, provided that these rankings are separable in a particular sense.

Keywords: Pareto Principle; Utilitarism; Collective bayesianism; Homogeneity theorems; Principe de Pareto; Utilitarisme; Bayésianisme collectif; Bolker-Jeffrey; Savage; Théorèmes d'identité (search for similar items in EconPapers)
Date: 2003
Note: View the original document on HAL open archive server: https://hal.science/hal-00242956v1
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://hal.science/hal-00242956v1/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00242956

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().