What do you mean by a social welfare function

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What do you mean by a social welfare function? If you assume that such a function exists, what properties of social optima would be considered by you? Discuss such properties.

Reference no: EM13302315

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What do you mean by a social welfare function : What do you mean by a social welfare function? If you assume that such a function exists, what properties of social optima would be considered by you? Discuss such properties.

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