The social welfare function that uses as its measure of social welfare the utility of the worst-off member of society. The following argument can be used to ...

This hypothetical contract is the basis of the Rawlsian society, and of the Rawlsian social welfare function. Is it possible to reconcile the Rawlsian and the ...

The Rawlsian approach to social welfare, built on the foundation of the “veil of ignorance” (Rawls, 1999, p. 118), measures the welfare of a society by the ...

In contrast, the max-min or Rawlsian social welfare function (based on the philosophical work of John Rawls) measures the social welfare of society on the ...

This document discusses different approaches to determining social welfare and equity in economic policymaking. It describes the utilitarian social welfare ...

We show that a social planner who seeks to allocate a given sum in order to reduce efficiently the social stress of a population, as measured by the aggregate ...

Maximin is the social welfare function that identifies the social optimum as the social state of affairs in which the worst‐off person enjoys the highest ...

The Rawlsian social welfare function takes the idea of protecting the worse off to the extreme: social welfare is simply the lowest welfare of anyone in society ...

We show that a social planner who seeks to allocate a given sum in order to reduce efficiently the social stress of a population, as measured by the aggregate ...