... 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...

... 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...

... failure policy frame integrates distributional issues into the analysis through the use of a social welfare function that embodies outside-specified normative judgments into the analysis.7 The government is assumed to know this social welfare function and to have the desire and ability...

... or 1938. The one generalization, 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...

... 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 considered that participants in economic exchange are not equal...

... 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...

... 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 that reflects “ethical preferences” across all possible states of the system. This func...

... way or another: in addition to the compen- sation tests, the social welfare function, or M. D. Little s Critique of Welfare Econom- ics, McCain introduces the (broader) controversy between ordinalists and cardinal- ists, John von Neumann and Oskar Morgenstern s famous book, and the first works by Paul...

...) and Vickrey (1960). The max- imisation of expected utility, with each individual taking the a priori view that any outcome is equally likely, was shown to lead to the use of a social- welfare function which maximises the sum of individual utilities. These approaches, sometimes describes...

...: 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...

... . 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...

... Nobel Prize in 1973” (Kovács, 372), even though Leontief opposed social welfare functions consistently. The book is dismissive of Soviet political economy, but there were other criticisms of the type of rationality embodied by optimal planning that could have been drawn upon usefully; Kovács...

... 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...

..., 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...

... 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...

...) 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 that is not dealt with in this article but deserves at least a passing mention is the charge that Pigou’s illustrations...

... 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...

... 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...

... of subsidies that result from present special tax privileges call for replacement with more uniform and explicit arrangements that can be brought into line with desir- able public policy.” Some aspects of his predoctoral work on the foun- dation of the utilitarian social welfare function also indirectly...

... 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...