Extended sympathy

Extended sympathy in welfare economics refers to interpersonal value judgments of the form that social state x for person A is ranked better than, worse than, or as good as social state y for person B (Arrow, 1963, pp. 114–15).

Source: Wikipedia — Extended sympathy (CC BY-SA 4.0)

Extended sympathy

Extended sympathy in welfare economics refers to interpersonal value judgments of the form that social state x for person A is ranked better than, worse than, or as good as social state y for person B (Arrow, 1963, pp. 114–15).

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Source: Wikipedia "Extended sympathy" · CC BY-SA 4.0

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