Sentence examples for has a welfare function from inspiring English sources
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.
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.
But homeland security is a law-and-order function, not a welfare function.
Well, what Pareto and Edgeworth and everybody else decided is, "Let's look at the welfare functions WA and WB". So if you take some allocation like the original allocation 2-1 and 1-2 you'll have a welfare of each person, (3 fourths log 2) + (one quarter log 1) that's the welfare of A, and the welfare of B will be (2 thirds log 1) + (1 third log 2), so that'll be some point here.
Australia does not have a welfare problem.
We do have a welfare crisis".
The society had a welfare fund.
The SWFL approach has been generalized to the case in which each individual has multiple welfare functions (e.g., a k-tuple of them), capturing (i) multiple opinions about each individual's welfare (e.g., Roberts 1995; Ooghe and Lauwers 2005) or (ii) multiple dimensions of welfare (e.g., List 2004a).
"He has a particular function.
Then, we have the social welfare function for the infinite horizon case: lim T → + ∞ 1 T ∑ t = 0 T u c t, e t. (25).
