The State by Anthony de Jasay

Author:Jasay, Anthony de [Jasay, Anthony de]
Language: eng
Format: epub
Tags: Politics
Publisher: Evergreen Review, Inc.
Published: 2008-02-18T08:00:00+00:00

3.4.9 If, in addition, they knew that opting for a society with a maximin-governed distribution of primary goods (income) would in fact produce for its least-advantaged members the critical stipend X, they would choose it regardless of the relative probabilities of getting a bigger, equal or smaller stipend in other kinds of societies. If worse alternatives are simply unacceptable and better ones leave you cold, it could not possibly matter how probable they are. Your maximand is discontinuous. It is the single number X. If you can get it at all, you take it. Talking of a "maximin" strategy and of "choice in the face of uncertainty" is the very paradigm of the red herring.

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