19 Pages Posted: 8 Sep 2014 Last revised: 5 Dec 2014
Date Written: November 25, 2014
This paper proposes a novel and probabilistic solution to the famous “trolley problem” in moral philosophy. In short, we would solve the trolley problem by conducting an auction from behind a veil of ignorance.
Keywords: Auction, Coase Theorem, Free Riding, Thought Experiment, Second-Order Thought Experiment, Trolley Problem, Veil of Ignorance
JEL Classification: A12, A13, B31, D63, D74, K14
Suggested Citation: Suggested Citation