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6 - Group Utility Analysis

Published online by Cambridge University Press:  28 July 2009

Paul Weirich
Affiliation:
University of Missouri, Columbia
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Summary

Section 1.1's analysis of a new safety standard's utility for society entertains its division according to people, a traditional dimension of utility analysis. Combining an analysis along this dimension with analyses along the dimensions of goals and possible outcomes yields a threedimensional analysis of the safety standard's social utility. The standard's utility for a person, a point on the dimension of people, may be expanded along the dimension of goals, as in Chapter 2. To accommodate uncertainty, it may be expanded simultaneously along the dimension of possible outcomes, as in Chapter 4. The three dimensions provide a versatile framework for analyses of social utility.

To analyze an action's group utility with respect to people in the group, one has to decide how to add the action's benefits and costs for those people. If a society adopts a new safety standard, some people may benefit because of a reduction in injuries. Others may not benefit personally but still share the new standard's cost. How should the analysis weight these considerations so that they add up to the standard's social utility? This chapter advances a procedure. It argues in a utilitarian vein that an action's group utility is a sum of its interpersonally scaled utilities for the group's members.

Type
Chapter
Information
Decision Space
Multidimensional Utility Analysis
, pp. 168 - 215
Publisher: Cambridge University Press
Print publication year: 2001

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  • Group Utility Analysis
  • Paul Weirich, University of Missouri, Columbia
  • Book: Decision Space
  • Online publication: 28 July 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511498602.007
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  • Group Utility Analysis
  • Paul Weirich, University of Missouri, Columbia
  • Book: Decision Space
  • Online publication: 28 July 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511498602.007
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Group Utility Analysis
  • Paul Weirich, University of Missouri, Columbia
  • Book: Decision Space
  • Online publication: 28 July 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511498602.007
Available formats
×