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Bare preference and interpersonal utility comparisons

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Abstract

From time to time it has been proposed to use just noticeable preference intervals as standard intervals upon which to base interpersonal utility comparisons. Such proposals have met with a number of difficulties due especially to the discovery that such intervals are difficult to take as representing equal differences in utility even for one individual.

In this paper I suggest conditions upon individual utility functions which, if satisfied, would make such ‘bare preference’ intervals useful as a basis for interpersonal utility comparisons even if the intervals are not interpreted as representing equal utility differences for any single individual.

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Waldner, I. Bare preference and interpersonal utility comparisons. Theor Decis 5, 313–328 (1974). https://doi.org/10.1007/BF00164722

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  • DOI: https://doi.org/10.1007/BF00164722

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