Using vNM expected utility theory to facilitate the decision-making in social ethics

  title={Using vNM expected utility theory to facilitate the decision-making in social ethics},
  author={Y. Farmer},
  journal={Journal of Risk Research},
  pages={1307 - 1319}
  • Y. Farmer
  • Published 2015
  • Computer Science
  • Journal of Risk Research
The overall objective of this article is to demonstrate that in social ethics, certain problems related to decision-making are easier to resolve using conceptual tools borrowed from mathematics than using philosophical ethics theories, such as classical utilitarianism. With the help of a case study, the first part of the article will attempt to point out that if an agent bases his reasoning on the verbal and purely qualitative concepts of the classical utilitarian theory, he will find himself… Expand
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