paretian social utility function
1Social welfare function — In economics a social welfare function can be defined as a real valued function that ranks conceivable social states (alternative complete descriptions of the society) from lowest on up as to welfare of the society. Inputs of the function include …
2Welfare economics — Economics …
3Arrow's impossibility theorem — In social choice theory, Arrow’s impossibility theorem, the General Possibility Theorem, or Arrow’s paradox, states that, when voters have three or more distinct alternatives (options), no voting system can convert the ranked preferences of… …
4Kaldor-Hicks efficiency — (named for Nicholas Kaldor and John Hicks) is a measure of economic efficiency that captures some of the intuitive appeal of Pareto efficiency, but has less stringent criteria and is hence applicable to more circumstances. Under Kaldor Hicks… …
5Economic calculation problem — The economic calculation problem is a criticism of socialist economics. It was first proposed by Ludwig von Mises in 1920 and later expounded by Friedrich Hayek.cite book title= Economic calculation in the Socialist Commonwealth accessdate=2008… …
6Economía del bienestar — Saltar a navegación, búsqueda Se puede definir la economía del bienestar como la rama de las ciencias económicas que se preocupa de cuestiones del bienestar social. Así, por ejemplo, Timothy Besley (Profesor de catedra en el London School of… …
7Gérard Debreu — Walrasian economics Born July 4, 1921(1921 07 04) Calais …
8Oskar R. Lange — Oskar Lange Oskar Ryszard Lange (July 27, 1904 in Tomaszów Mazowiecki, then Vistula Land – October 2, 1965 in London, United Kingdom) was a Polish economist and diplomat. He was most known for advocating the use of market pricing tools in… …
9Economic rent — is the difference between what a factor of production is paid and how much it would need to be paid to remain in its current use.There are multiple mechanisms that can create economic rent: political contrivance, network effect, monopoly power,… …
10Outline of industrial organization — For concepts relating to production in macroeconomics, see gross domestic product and measures of national income and output. The following outline is provided as an overview of and topical guide to industrial organization: Industrial… …
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