A society has 3 individuals and 3 alternatives and . Individuals 1 and 2 strictly prefer to and to . Individual 3 strictly prefers to and to . A Rawlsian social planner would therefore choose
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1 markMicroeconomicsWelfare economics and social choiceSocial welfare functions and social choiceModerateabout 3 min
DSE 2011 Question 14: Welfare economics and social choice
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A society has 3 individuals and 3 alternatives A,B and C. Individuals 1 and 2 strictly prefer A to B and B to C. Individual 3 strictly prefers C to B and B to A. A Rawlsian social planner would therefore choose (A) A. (B) B. (C) C. (D) A or C.
Welfare economics and social choice has come up 62 times in 6 exams since 2004.
What this question tests
This question is on Social welfare functions and social choice, part of Welfare economics and social choice in Microeconomics.
Combining individual preferences into social judgements, and the limits of doing so.
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