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If a Social Welfare Function Is an Increasing Function of Each

question 9

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If a social welfare function is an increasing function of each person's utility, then every allocation that maximizes this social welfare function must be a Pareto optimum.


Definitions:

Picture Preferences

Individual biases or choices when selecting or favoring certain types of images or visuals over others.

Dogmatism

A psychological trait characterized by the tendency to hold onto beliefs rigidly, regardless of evidence to the contrary.

Belief Change

The process through which an individual modifies their perceptions, attitudes, or understanding in response to new information or experiences.

Rokeach

refers to Milton Rokeach, a psychologist known for his work on belief systems, values, and attitude change.

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