On Playing Fair: Professor Binmore on Game Theory and the Social Contract

Theory and Decision 43 (3):219-239 (1997)
Abstract
This paper critically reviews Ken Binmore’s non- utilitarian and game theoretic solution to the Arrow problem. Binmore’s solution belongs to the same family as Rawls’ maximin criterion and requires the use of Nash bargaining theory, empathetic preferences, and results in evolutionary game theory. Harsanyi has earlier presented a solution that relies on utilitarianism, which requires some exogenous valuation criterion and is therefore incompatible with liberalism. Binmore’s rigorous demonstration of the maximin principle for the first time presents a real alternative to a utilitarian solution
Keywords Social contract  maximin principle  game theory  Arrow problem  social justice  Rawls
Categories (categorize this paper)
Options
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
 
Download options
PhilPapers Archive


Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 9,360
External links
  • Through your library Configure
    References found in this work BETA

    No references found.

    Citations of this work BETA

    No citations found.

    Similar books and articles
    Kevin J. S. Zollman (2008). Explaining Fairness in Complex Environments. Politics, Philosophy and Economics 7 (1):81-97.
    Ken Binmore (2004). Reciprocity and the Social Contract. Politics, Philosophy and Economics 3 (1):5-35.
    Daniel M. Hausman (2005). 'Testing' Game Theory. Journal of Economic Methodology 12 (2):211-223.
    Cedric Paternotte & Jonathan Grose (2013). Social Norms and Game Theory: Harmony or Discord? British Journal for the Philosophy of Science 64 (3):551-587.
    Analytics

    Monthly downloads

    Added to index

    2010-09-02

    Total downloads

    10 ( #120,424 of 1,089,156 )

    Recent downloads (6 months)

    2 ( #42,781 of 1,089,156 )

    How can I increase my downloads?

    My notes
    Sign in to use this feature


    Discussion
    Start a new thread
    Order:
    There  are no threads in this forum
    Nothing in this forum yet.