Re: ISI Interview Question
Posted by Asd1995 on Jun 16, 2017; 10:45am
URL: http://discussion-forum.276.s1.nabble.com/ISI-Interview-Question-tp7605699p7605708.html
Perhaps the question is incomplete. If I assume a Rawlsian welfare function I'll get a different result than I'll get from maximising sum of utilities which would be different from weighted sum of utilities.
The only other thing I can think of is he may want the allocation to be fair i.e no one envies each other and locations are pareto optimal.
If Utility is convex analysis for each kind of welfare function changes but again idk.