Sentence examples for a welfare function from inspiring English sources

The phrase "a welfare function" is correct and usable in written English.
It can be used in contexts related to economics, social sciences, or decision theory, where it refers to a mathematical representation of individual or collective welfare.
Example: "In economics, a welfare function is often used to evaluate the overall well-being of a society based on individual preferences."
Alternatives: "a utility function" or "a social welfare function".

Exact(4)

But homeland security is a law-and-order function, not a welfare function.

As a welfare function, the government will simply pay that person's fortune account provider to ensure that the right level of cash benefits or care services are provided.

So an individual's going to be characterized by utility function, it's a welfare function of X and Y equals ui of X plus vi of Y.

Now each individual i ∈ N has a welfare function Wi over these alternatives, which assigns a real number Wi(x) to each alternative x ∈ X, interpreted as a measure of i's welfare under alternative x.

Similar(56)

Finally, we develop a new a social welfare function to represent a total system efficiency; it can be estimated through an effective data offloading technique.

So we mean a million people of type A and a million people type B. So the utility function of A, the welfare function of A is written there, and the welfare function of B is written and they each begin with endowments.

There is a simple method to derive an inequality index from a social welfare function, due to Kolm (1969) and popularized by Atkinson (1970), Sen (1973).

If the policymaker is not a utilitarian, but rather has a "social welfare function" that is equity regarding to some degree, then she faces a critical choice.

Then we will be on the lookout for a social welfare function $f$ that derives a strict social preference for $T$ above $S$ when everybody strictly prefers $T$ to $S$, but a strict preference for $S$ above $T$ when everyone is indifferent between these states.

To strike this balance, many economists think in terms of a "social welfare function" that aggregates individuals' well-being into a summary measure.

It requires a social welfare function, when assembling the social preference among a pair of alternatives, to take into account only those of people's preferences that concern just this pair.

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