Utilitarianism and welfare theory - Characteristics of utilitarianism
6 important questions on Utilitarianism and welfare theory - Characteristics of utilitarianism
Utilitarianism can be seen to a combination of 3 elementary requirements:
- welfarism
- sum ranking
Monistic concept of utility
Impossibility theorem of Arrow
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Acceptable conditions (impossibility theorem Arrow)
ocollective rationality
oindependence of irrelevant alternatives
onon-dictatorship
Substantive theory of well-being
(these are examples of the theory: hedonism and pluralist utilitarianism)
Fundamental thesis of utilitarianism
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