Subjective utilitarianism: Individual decisions in a social context
(2020)
Journal Article
Alon, S., & Lehrer, E. (2020). Subjective utilitarianism: Individual decisions in a social context. Journal of Economic Theory, 190, Article 105108. https://doi.org/10.1016/j.jet.2020.105108
Individual decisions are often subjectively affected by other-regarding considerations. We model a decision maker influenced by a grand group of significant others. Each sub-group of significant others is a possible social context, and the decision m... Read More about Subjective utilitarianism: Individual decisions in a social context.