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February 1953
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191 Reads
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1,148 Citations
Journal of Political Economy
From most branches of economics the concept of cardinal utility has been eliminated as redundant since ordinal utility has been found to suffice for doing the job. Cardinal utility has been kept only in welfare economics to support the demand for a more equal income distribution. Recently, however, the concept of cardinal utility has been introduced also in the theory of choices involving risk.1
... A further notion of fairness found in Rawls's account is the veil of ignorance conception of fairness(Rawls 1999, 118-123). For Harsanyi's version, seeHarsanyi (1953Harsanyi ( , 1955 andWeymark (1991).4Thomson (2019, 9) raises alternatives to viewing proportionality as an inherent requirement of fairness. ...
Reference:
Allocative Fairness
February 1953
Journal of Political Economy
