Question 19 Adam and Eve represent their utilities using ratio scales. This means, for example, that for outcomes (A, B,
Posted: Fri Jun 10, 2022 11:19 am
Question 19
Adam and Eve represent their utilities using ratio scales. This means, for example, that for outcomes (A, B, C), Adam could represent his utilities as (1, 2, 3) or (100, 200, 300), and both representations would provide the exact same information. Therefore, comparing the aggregated utilities of each outcome using the utilitarian sum
is meaningless
is meaningful
is the only possible way to do it
is fair
Adam and Eve represent their utilities using ratio scales. This means, for example, that for outcomes (A, B, C), Adam could represent his utilities as (1, 2, 3) or (100, 200, 300), and both representations would provide the exact same information. Therefore, comparing the aggregated utilities of each outcome using the utilitarian sum
is meaningless
is meaningful
is the only possible way to do it
is fair