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:
“... that there is no other way,
That the history of creation proceeds according to
Stringent laws, and that things
Do get done in this way, but never the things
We set out to accomplish and wanted so desperately
To see come into being.”
—John Ashbery (b. 1927)
“If you look at the 150 years of modern Chinas history since the Opium Wars, then you cant avoid the conclusion that the last 15 years are the best 15 years in Chinas modern history.”
—J. Stapleton Roy (b. 1935)
“Properly speaking, history is nothing but the crimes and misfortunes of the human race.”
—Pierre Bayle (16471706)