social welfare function
2 episodes mention this concept
NewEconomicThinkingMay 24, 2023The Ethical Responsibilities of Economists and the Complexities of Economic Harm
EconomicsProfessional ethicsWelfarismMoral geometryCaldor-Hicks compensation test- NewEconomicThinkingSep 11, 2019
Ethics & Economics: Reinserting Moral Judgment into Economic Analysis
EconomicsValue-free economicsLogic of choice under scarcityJust priceCustomary price
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Related concepts
Concepts that appear alongside social welfare function across episodes.
- economic rent
- interpersonal comparisons of utility
- diamond-water paradox
- value-free economics
- diminishing marginal utility of money
- logic of choice under scarcity
- stewardship concept of private property
- surplus value
- natural rate of unemployment
- human development index (hdi)
- disruptive innovation
- harm criterion
- gross domestic product (gdp)
- natural rate of interest
- pareto efficiency
- labor theory of value
- marginalist revolution
- gross national happiness (gnh)
- creative destruction
- just price