Utilitarianism, Welfare, and Information

Utilitarianism is often criticized for making assumptions about welfare comparisons that are too strong to be plausible. Roughly speaking, it assumes that all goods can be precisely measured and compared. This criticism applies both to classical utilitarianism, and to Harsanyi’s more sophisticated version.

However, joint work with Kalle Mikkola and Teru Thomas provides a response. Our version of utilitarianism, a generalization of Harsanyi’s, has almost unlimited flexibility when it comes to welfare comparisons. It allows for all kinds of incomparabilities. The post connects this flexibility with uncertainty.