Junction 发表于 2025-3-23 10:40:28
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Dirk Eidemüllerthe welfarist social welfare function should represent. In particular, should the welfare of individuals be their (net) happiness as I define welfare, or should it be their utility (representing their preferences) as most economists seem to be assuming? Recently, Harsanyi (1997) argues, among otherAUGUR 发表于 2025-3-23 22:13:12
Dirk Eidemüllerher than your family members will be affected by your decisions. You do not hate any of the members and you care about all members. Thus, you believe that your decisions should depend on their (including your own, being a family member yourself) utilities. You also agree that if any one member is ma违反 发表于 2025-3-24 05:19:34
Dirk Eidemüllerilities, ignoring the differences between the two; in the presence of such differences, it is argued in Chapter 4 that welfares should be the one to use). A utilitarian SWF is the unweighted sum of individual welfares. If we do not confuse non-ultimate considerations with basic values, it seems natu流浪 发表于 2025-3-24 07:13:50
that are common in the private sector. How should a hospital, a police force, or a government department measure its output? How should efficiency in raising revenue by the government be measured? How should the efficient allocation of scarce resources between activities be managed when it is diffic墙壁 发表于 2025-3-24 11:48:37
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Dirk Eidemüller has assumed prime importance due to intense competition, customer demands and bank reforms. The book gauges the relative performance of the Indian banks based on certain key parameters. It then concisely presents the efficiency results, vividly portraying the industry’s current status and serving a