Economy, asked by esthergrande, 2 months ago

social welfare function is a function of? ​

Answers

Answered by vermanushka7487
1

Answer:

In a 1938 article, Abram Bergson introduced the social welfare function. The object was "to state in precise form the value judgments required for the derivation of the conditions of maximum economic welfare" set out by earlier writers, including Marshall and Pigou, Pareto and Barone, and Lerner.

Answered by tiachaudhary311
5

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In a 1938 article, Abram Bergson introduced the social welfare function. The object was "to state in precise form the value judgments required for the derivation of the conditions of maximum economic welfare" set out by earlier writers, including Marshall and Pigou, Pareto and Barone, and Lerner.

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