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:
“As History stands, it is a sort of Chinese Play, without end and without lesson.”
—Henry Brooks Adams (1838–1918)
“The history of all Magazines shows plainly that those which have attained celebrity were indebted for it to articles similar in natureto Berenice—although, I grant you, far superior in style and execution. I say similar in nature. You ask me in what does this nature consist? In the ludicrous heightened into the grotesque: the fearful coloured into the horrible: the witty exaggerated into the burlesque: the singular wrought out into the strange and mystical.”
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“A man will not need to study history to find out what is best for his own culture.”
—Henry David Thoreau (1817–1862)