Your utility=income suggestion doesn’t work as such a canonical method in humans because utility isn’t proportional to income.
I just meant that picking a value of u_0 is equivalent to picking a value of income (“y_0”) such that u(y_0)=u_0.
Which is in turn equivalent to picking a value of income y_0 such that u(y_0)=0 for total utilitarianism.
(btw, to get an _ instead of italics, put a \ in front of it.)
I just meant that picking a value of u_0 is equivalent to picking a value of income (“y_0”) such that u(y_0)=u_0.
Which is in turn equivalent to picking a value of income y_0 such that u(y_0)=0 for total utilitarianism.
(btw, to get an _ instead of italics, put a \ in front of it.)