Original Position - History

History

The concept of the original position was first used by the Hungarian economist John Harsanyi. Harsanyi argued that a person in the original position would maximize his or her expected utility, rather than choosing minimax.

Read more about this topic:  Original Position

Famous quotes containing the word history:

    Every member of the family of the future will be a producer of some kind and in some degree. The only one who will have the right of exemption will be the mother ...
    Ruth C. D. Havens, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 13, by Susan B. Anthony and Ida Husted Harper (1902)

    These anyway might think it was important
    That human history should not be shortened.
    Robert Frost (1874–1963)

    Classes struggle, some classes triumph, others are eliminated. Such is history; such is the history of civilization for thousands of years.
    Mao Zedong (1893–1976)