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social welfare function

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Journal Article
History of Political Economy (2019) 51 (5): 827–865.
Published: 01 October 2019
... result has direct and devastating consequences for the Berg-son-Samuelson social welfare function, though he seemed to soften his position in the early eighties. On his side, especially from the seventies on, Samuelson remained active on this issue and continued to defend the concept he had devised...
Journal Article
History of Political Economy (2020) 52 (4): 683–707.
Published: 01 August 2020
... of simultaneous maxima. On this base, he criticized the laissez-faire interpretation of the Paretian theory and advanced the idea of a social welfare function, reflecting the debate on economic planning among Italian corporatist economists. Correspondence may be addressed to Mario Pomini: mario.pomini...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 253–266.
Published: 01 December 2015
... Debate 257 position. Whether a social optimum is achieved depends on the distribu- tion at the initial starting point. The market failure policy frame integrates distributional issues into the analysis through the use of a social welfare function that embodies outside-specified normative...
Journal Article
History of Political Economy (2000) 32 (1): 139–157.
Published: 01 March 2000
..., which is less general than that provided by Diamond and Mirrlees, could have been provided by drawing on various relevant results to be found in the Italian economic literature by 1915 and the utilitarian social welfare function alluded to in Sidgwick...
Journal Article
History of Political Economy (2020) 52 (4): 801–808.
Published: 01 August 2020
... of social welfare (including the introduction of an Aristotelian social welfare function) and the fourth applying this theory to specific data (in particular, in the last chapter, by providing quantitative results for several countries). The main thesis of the book, at least as I see it, is that Aristotle...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 147–173.
Published: 01 December 2015
... of either type of good. The formal conditions for optimality are from Foundations of Economic Analysis, except for the introduction of goods that are nonrival. Samuelson includes the ethical status of the distribution of goods in his analysis by positing an undefined social welfare function...
Journal Article
History of Political Economy (2015) 47 (4): 547–575.
Published: 01 December 2015
... articles in the same journal (1903, 1910, 1913), explored in great detail the impact of third-party consumption on an individual's utility function and, potentially, on social welfare. In fact, in such cases, the derivation of the market demand curve, and even the very notion of consumer surplus, seemed...
Journal Article
History of Political Economy (2021) 53 (4): 786–790.
Published: 01 August 2021
... . “ The Possibility of a Social Welfare function .” American Economic Review 56 , 1105 – 22 . Hicks John R. 1975 . “ The Foundations of Welfare Economics .” Economic Journal 49 , 696 – 712 Mongin Philippe . 2002 . “ Is There Progress in Normative Economics? ” In Is There Progress...
Journal Article
History of Political Economy (1984) 16 (4): 609–618.
Published: 01 November 1984
... puzzles.’ University of Durham, Department of Economics Working Paper, no. 59. Pattanaik , P. K. 1968 . ‘Risk, impersonality and the social welfare function.’ Journal of Political Economy , vol. 76 . Reprinted in Phelps 1973 , p. 298 -318. Phelps , E. S. 1973 . Economic justice...
Journal Article
History of Political Economy (1993) 25 (4): 739–744.
Published: 01 November 1993
...: the concep- tion of defense as an argument in a social welfare function; the concep- tion of disposable population as an index of the national surplus; and an analysis of the effect of fiscal policy upon the allocation of produc- tive factors. Chalmers begins by supposing that “the surplus food...
Journal Article
History of Political Economy (2001) 33 (3): 387–410.
Published: 01 September 2001
... . Risk, Impersonality, and the Social Welfare Function. Journal of Political Economy 76.6 : 1152 -69. Rabinowicz, Wlodek, and Jan Österberg. 1996 . Value Based on Preferences: On Two Interpretations of Preference Utilitarianism. Economics and Philosophy 12.1 : 1 -27. Rawls, John. 1957...
Journal Article
History of Political Economy (1990) 22 (2): 381–403.
Published: 01 June 1990
... Of the socioeconomic aspects of his thinking we can only present a bare outline; but from this we can grasp what might be called his “Islamic social welfare function” as well as his views on the role of economic activities generally. An overriding theme throughout his works is the concept of maslaha, or social...
Journal Article
History of Political Economy (2000) 32 (3): 699–701.
Published: 01 September 2000
..., the Islamic worldview is applied to the important analytical area of social choice formation; and in light of this model, a social welfare function is developed and the foundation of welfare economics is presented. Chapter 4 attempts to provide a logical foundation to the philosophy of science from...
Journal Article
History of Political Economy (1984) 16 (4): 644–646.
Published: 01 November 1984
... many who value rights to formulate social welfare functions in terms of rights which constrain choices. Utilitarians can conclude from this pre-emption of efficient states that rights themselves are often undesirable. For instance, Hammond is so persuaded that rights are wicked...
Journal Article
History of Political Economy (1998) 30 (4): 601–625.
Published: 01 November 1998
..., a “handmaid to ethics” (1925, 82). The Economics of Welfare offers a tool kit which, if used properly, can improve total (social) welfare. The elements of Pigou’s social welfare function, to use today’s vocabulary, are a subset of the above-mentioned 10. One facet of Coase’s critique of Pigou...
Journal Article
History of Political Economy (1983) 15 (2): 281–283.
Published: 01 June 1983
... social-welfare function of capitalism tacitly accepts windfall gains and a shifting of the welfare function along the efficiency frontier. But many authors in this volume express disappointment with capitalism’s allocation and distribution of goods because they dislike the ends or the means...
Journal Article
History of Political Economy (2007) 39 (1): 1–46.
Published: 01 March 2007
....” Some aspects of his predoctoral work on the foun- dation of the utilitarian social welfare function also indirectly related to 8. After the conference, Young and Fabricant conferred on the opportunity to put together the papers. Young opposed the idea because he considered the material...
Journal Article
History of Political Economy (1995) 27 (4): 781–785.
Published: 01 November 1995
... to our remarks on the “social welfare func- Ghazanfar and Islahi / Rejoinder 783 tion,” he fails to see that we are talking of al-Ghazali’s Islamic social welfare function, “divinely ordained . . . based upon rather specific so- cial objectives, as well as guidelines...
Journal Article
History of Political Economy (2007) 39 (2): 185–207.
Published: 01 June 2007
... the point being that the choice of some such social welfare function is inescapable if welfare economics is to be anything other than an academic exercise (De V. Graaff 1957, 37–52). But since no one knows how to construct such a community welfare function, it remains an aca- demic exercise. Another...
Journal Article
History of Political Economy (1972) 4 (1): 127–139.
Published: 01 March 1972
.... What remains obscure and what eludes contemporary economists is how to relate society’s nonmarket valuations (a social-welfare function a) to the valuations of the market. VALUE IN USE It is necessary to expand on the proposition that the classicists believed...