Chapter

Quantities of Lifetime Wellbeing

John Broome

in Weighing Lives

Published in print August 2004 | ISBN: 9780199243761
Published online October 2005 | e-ISBN: 9780191602900 | DOI: http://dx.doi.org/10.1093/019924376X.003.0005
 Quantities of Lifetime Wellbeing

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This chapter defines a quantitative notion of a person’s lifetime wellbeing. It does so on the basis of betterness among uncertain prospects, using expected utility theory (which the chapter explains) and a theorem of John Harsanyi. It adopts the assumption of Daniel Bernoulli that wellbeing is risk-neutral. It gives an account of interpersonal comparisons of wellbeing.

Keywords: quantities of wellbeing; Harsanyi; Bernoulli; risk neutrality; interpersonal comparisons; expected utility theory

Chapter.  9932 words. 

Subjects: Moral Philosophy

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