social welfare function

Definitions

Economics

• noun the way in which social welfare is constructed and relates between various members of society. It enables a choice to be made between different economic decisions on the basis of the welfare they bring to different individuals.

Health Economics

• (written as Social Welfare Function)
  A function that relates overall social welfare to its determinants, especially the preferences of those individuals taken as members of a society.

Nearby Definitions of “social welfare function”

• social engineering
• social opportunity cost
• social responsibility
• social services
• social welfare
• social welfare function
• social worker
• socialism
• socialist realism
• Socialized Health Care
• society

Contexts for “social welfare function”

2 definitions in context
• Economics
• Health Economics