Essay
(Table: Total Utility) The table shows the utility levels for three people living on a tiny island. The island's benevolent dictator, Gilligan, is considering a policy that will increase Thurston's utility by 10 and decrease Ginger and Mary Ann's by 5.
a. If Gilligan uses a social welfare function given by W = min[UG, UT, UM], should he enact the policy change?
b. If Gilligan uses a social welfare function given by W = UG + UT + UM, should he enact the policy change?
c. If Gilligan uses a social welfare function given by W = UG × UT × UM, should he enact the policy change?
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a. Before the policy change, welfare, W,...View Answer
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