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Hofstede's study suggests that masculine societies are economically the most successful (for example, the US, Germany, and Japan) and that successful feminine societies have smaller populations, less economic scale and/or a strong collective culture and high welfare value (for example, Scandinavia, France and Thailand).
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It follows that any population consisting of people with very low welfare and desert level 100 has negative value, whereas any population with very high welfare has positive value.
With small populations enjoying high welfare, a variable value principle behaves like total utilitarianism and assigns most of the value to the total sum of welfare.
When 10 units of welfare goes to someone highly deserving, someone who deserves a high welfare level, the value of that 10 units is "augmented," so that 10 units of welfare corresponds to a much larger number of units of value-for-the-world.
Furthermore, regional information was added reflecting labor market conditions, which includes indicators for high regional unemployment, high GDP per capita and high welfare dependence ratios (in each case, indicating a value higher than the third quartile of the distribution of the respective variable across all German welfare agencies).
The optimal social welfare value is the value obtained if all users (in the case of no contention) or the highest paying user receive all the resources that they desire.
Both siblings were placed on high welfare watch.
This compensation is the welfare value of the firm.
Welfare values would need to be derived from consideration of the impact on welfare of malformation of each trait considered.
These two regions have highly different declared welfare values.
We show that either system can provide higher welfare.
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