Abstract This paper develops and defends a non-utilitarian interpretation of John Harsanyi’s social aggregation theorem and sum of vNM utilities approach. On this interpretation, vNM utilities transform an independently available cardinal measure of fully comparable individual well-being. The resulting proposal for ranking well-being distributions – the Risk-Priority View – is not welfare-anonymous and can favour a smaller increase in well-being for one individual rather than a larger increase in well-being for another, equally well-off individual. I argue here that such counterintuitive implications can be defended, and that impartiality can still be secured through the imposition of an alternative, interprofile anonymity axiom.
Pietro Cibinel (Thu,) studied this question.