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:

    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.
    Edgar Allan Poe (1809–1849)

    The history of literature—take the net result of Tiraboshi, Warton, or Schlegel,—is a sum of a very few ideas, and of very few original tales,—all the rest being variation of these.
    Ralph Waldo Emerson (1803–1882)

    The history of men’s opposition to women’s emancipation is more interesting perhaps than the story of that emancipation itself.
    Virginia Woolf (1882–1941)