# List of Topics and Examples
📗 Socrative Game:
Wolf of Wall Street Clip:
Link
📗 Definitions and Theorems:
(1) Social welfare function
📗 Algorithms:
(1) Finding welfare maximizaing allocation (direct method and UPF method)
📗 Examples:
(1) Colored pencil example
(2) Cobb-Douglas example
📗 Problems:
File:
Questions ;
Answers.
(1) Minimax social welfare function
Update July 16: Used incorrect PE set expression due to mistake in problem set 1 is fixed.
(2) Weighted linear social welfare function
Update July 20: Interior solution is minimal, need to check SOC and boundary solution is optimal
(3) Nash bargaining with circular feasibility set
(4) Nash bargaining with triangular feasibility set
# Related Questions
(24) For the Asymmetric Cobb Douglas economy problem in the economy, when solving for the welfare maximizing allocation, how to get x_1 in terms of y_1? A: Set the two terms inside the min{..., ...} equal to each other to solve for x_1 in terms of y_1, and then substitute this expression back into the original maximization.