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:
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—Zora Neale Hurston (1891–1960)
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—Francis Bacon (1561–1626)
“Free from public debt, at peace with all the world, and with no complicated interests to consult in our intercourse with foreign powers, the present may be hailed as the epoch in our history the most favorable for the settlement of those principles in our domestic policy which shall be best calculated to give stability to our Republic and secure the blessings of freedom to our citizens.”
—Andrew Jackson (1767–1845)