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Social welfare function

In welfare economics and social choice theory, a social welfare function—also called a social ordering, ranking, utility, or choice function—is a function that ranks a set of social states by their desirability. Each person's preferences are combined in some way to determine which outcome is considered better by society as a whole. It can be viewed as…

Ordinal welfare, Cardinal welfare & Overview

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Ordinal welfare

Cardinal welfare

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Social welfare function

Nodes76
Edges75
Triples98
Avg. degree1.97
Density0.026316
Components1

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Social welfare function

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related to References · 84
Social welfare function → Abram Bergson, Amartya, Amartya Sen, An Essay, Arrow, Basingstoke, Bergson, Bergsonian Welfare Economics, Blume, Burk, Cambridge, Cambridge University Press, Certain Aspects, Choice, Collective Choice, Collective Rationality, Comment, Description, Dictionary, Distribution
related to Ordinal welfare · 6
Social welfare function → Abram Bergson, Arguments, In, It, Necessary, The
related to Cardinal welfare · 3
Social welfare function → Examples, For, The
is a · 1
Social welfare function → function that takes as input numeric representations of individual utilities

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Important terminology

function welfare social utility society choice functions also income one economics individual better economic different cardinal samuelson displaystyle ordering two

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SubjectPredicateObjectConfidenceSrc
Social welfare functionis afunction that takes as input numeric representations of individual utilities0.90text
incompatible with his own philosophical behaviorism.Auxiliary specifications enable comparison of different social states by each member of society in preference satisfactioninstance ofHe therefore rejected0.80text
which of several candidates should be elected.Arrow found that contrary to the assertions of Lionel Robbinsinstance ofwhich ranks alternative social states0.80text
other behavioristsinstance ofwhich ranks alternative social states0.80text
dropping the requirement of real-valuedinstance ofwhich ranks alternative social states0.80text
Social welfare functionrelated to Cardinal welfareThe0.60section
Social welfare functionrelated to Cardinal welfareExamples0.60section
Social welfare functionrelated to Cardinal welfareFor0.60section
Social welfare functionrelated to Ordinal welfareIn0.60section
Social welfare functionrelated to Ordinal welfareAbram Bergson0.60section
Social welfare functionrelated to Ordinal welfareThe0.60section
Social welfare functionrelated to Ordinal welfareIt0.60section

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