Essay
Maximilian rules over a three-person society. The three people are Andre, Bojan, and Soumendra. Andre has a utility level of 60, Bojan's utility level is 80, and Soumendra's utility level is 10.
a. Suppose that Maximilian uses a Rawlsian social welfare function to gauge the well-being of society. What is the value of the Rawlsian social welfare function for this three-person society?
b. In this society, assuming resources and utility can be transferred among the people, what is the highest value that the Rawlsian social welfare function can have?
c. If Maximilian transferred 20 units of utility from Bojan to Soumendra, what would happen to the Rawlsian social welfare function?
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a. The Rawlsian social welfare function ...View Answer
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