1 Pareto efficiency A family living Southampton wants to move to another city in the UK. They can choose one of five cities. The table gives their individual utility level obtained in each city. City Franck (dad) Kasia (mom) Mietek (son) Aberdeen 2 H Bristol 2 4 3 Chichester 4 4 Dundee 4 2 7 Ewloe H 1. Which are Pareto efficient outcomes? 2. Which of the outcomes maximizes utilitarian welfare? 3. Which outcome maximizes the Maximin criterion