Assuming that saving my child would give me X utility and saving the other child would give his parents X utility
If you’ve found a way to aggregate utility across persons, I’d like to hear it.
Normally, we talk about trying to satisfy a particular utility function. If the parent values her child more than the neighbor’s child, that is reflected in her utility function. What other standard are you trying to invoke?
If you’ve found a way to aggregate utility across persons, I’d like to hear it.
Normally, we talk about trying to satisfy a particular utility function. If the parent values her child more than the neighbor’s child, that is reflected in her utility function. What other standard are you trying to invoke?
Ah, this clears up things a bit for me, thank you.