Question
Suppose we have a society consisting of four individuals (A, B, C, and D). The government of this society is considering a series of alternative
Suppose we have a society consisting of four individuals (A, B, C, and D). The government of this society is considering a series of alternative policies (1, 2, 3, and 4) aimed at addressing some social problems. Although the analysts in the legislature can estimate the utilities for each of the four individuals under each of the four policy alternatives, they are unsure as to which social welfare function the legislature would be most likely to apply. The utilities for each of the individuals under each of the four policies are presented in the table below.
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