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Utilitarian rule

In social choice and operations research, the utilitarian rule (also called the max-sum rule) is a rule saying that, among all possible alternatives, society should pick the alternative which maximizes the sum of the utilities of all individuals in society.: sub.2.5 It is a formal mathematical representation of the utilitarian philosophy, and is often…

Abstract utility functions, The utilitarian rule in specific contexts & Definition

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Overview

Definition

Tangible utility functions

Abstract utility functions

The utilitarian rule and Pareto-efficiency

The utilitarian rule in specific contexts

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Utilitarian rule

Nodes34
Edges33
Triples24
Avg. degree1.94
Density0.058824
Components1

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Utilitarian rule

Top relations

related to Abstract utility functions · 18
Utilitarian rule → Bruno, Cardinal, Daniel Bernoulli's, Finetti, For, Frank, However, If, Leonard Savage, Morgenstern, Neumann, Petersburg, Ramsey, Rigorous, St, The, Thus, When
related to Tangible utility functions · 3
Utilitarian rule → Consider, For, The
related to The utilitarian rule in specific contexts · 3
Utilitarian rule → Implicit, In, Range

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Important terminology

utilitarian utility displaystyle rule functions function social choice cardinal maximizes represent problem possible sum individuals also mathbb among society abstract

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Utilitarian rulerelated to Abstract utility functionsWhen0.60section
Utilitarian rulerelated to Abstract utility functionsFor0.60section
Utilitarian rulerelated to Abstract utility functionsThe0.60section
Utilitarian rulerelated to Abstract utility functionsCardinal0.60section
Utilitarian rulerelated to Abstract utility functionsDaniel Bernoulli's0.60section
Utilitarian rulerelated to Abstract utility functionsSt0.60section
Utilitarian rulerelated to Abstract utility functionsPetersburg0.60section
Utilitarian rulerelated to Abstract utility functionsRigorous0.60section
Utilitarian rulerelated to Abstract utility functionsFrank0.60section
Utilitarian rulerelated to Abstract utility functionsRamsey0.60section
Utilitarian rulerelated to Abstract utility functionsBruno0.60section
Utilitarian rulerelated to Abstract utility functionsFinetti0.60section

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