harsanyi's social welfare 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 …

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  • 2Social choice theory — is a theoretical framework for measuring individual interests, values, or welfares as an aggregate towards collective decision. A non theoretical example of a collective decision is passing a set of laws under a constitution. Social choice theory …

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  • 3John Harsanyi — Infobox Scientist name = John C. Harsanyi image size = 180px birth date = May 29, 1920 birth place = Budapest, Hungary death date = August 9, 2000 death place = Berkeley, California, USA nationality = Hungary field = Economics work institution =… …

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  • 4John Harsanyi — John Charles Harsanyi Naissance 29 mai 1920 Budapest (Hongrie) Décès 9 août 2000 (à 80 ans) Berkeley, Californie (États Unis) Domicile Hongrie, Australie …

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  • 5Arrow'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… …

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  • 6Normative economics — is that part of economics that expresses value judgments (normative judgments) about economic fairness or what the economy ought to be like or what goals of public policy ought to be.[1] It is common to distinguish normative economics ( what… …

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  • 7Nobel Prizes — ▪ 2009 Introduction Prize for Peace       The 2008 Nobel Prize for Peace was awarded to Martti Ahtisaari, former president (1994–2000) of Finland, for his work over more than 30 years in settling international disputes, many involving ethnic,… …

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  • 8Economía 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… …

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  • 9Mechanism design — The Stanley Reiter diagram above illustrates a game of mechanism design. The upper left space Θ depicts the type space and the upper right space X the space of outcomes. The social choice function f(θ) maps a type profile to an outcome. In games… …

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  • 10Mathematical economics — Economics …

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