But the rest problem and social welfare function selection, as well as the subjective factors in behavioral finance, has led to a closer analysis of factors of production.
32.
The social welfare function is typically translated into social indifference curves so that they can be used in the same graphic space as the other functions that they interact with.
33.
A crude social welfare function can be constructed by measuring the subjective dollar value of goods and services distributed to participants in the economy ( " see also " consumer surplus ).
34.
Usually, the social welfare function, which incorporates the deservedness of the two individuals and states how society s well-being relates to that of the two individuals, is required to maximize social welfare.
35.
Its main activity is providing economic support to the members but, with the passing of years, the Catalan Charity has incorporated a welfare function, while also participating in some cultural and festive activities.
36.
Instead, the governor pasted together snippets from his standard stump speeches, including his pitch to let faith-based groups carry out welfare functions, the need for a stronger military and defense of his record as governor.
37.
One of Celebrezze's most important achievements as secretary of HEW was separating the public assistance and child health and welfare functions from the Social Security Administration and transferring these programs to a new Welfare Administration.
38.
In " Beyond the Profits System : Possibilities for the Post-Capitalist Era ", economist Harry Shutt advocates a basic income system to replace all existing state social security and welfare functions with the exception of childcare.
39.
During the Prime-Ministry of Neo-Confucian " Reformer " Wang Anshi ( 1021-1086 ), the state began to take on social welfare functions previously provided by Buddhist monasteries, instituting public orphanages, hospitals, dispensaries, hospices, cemeteries, and reserve granaries.
40.
These two social welfare functions express very different views about how a society would need to be organised in order to maximize welfare, with the first emphasizing total incomes and the second emphasizing the needs of the worst-off.
