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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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Conservative Social Welfare Function

Definition of 'Conservative Social Welfare Function'

A method of evaluating economic changes which puts more weight on reductions in welfare that on increases.

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Related Terms

Aid to Families with Dependant ChildrenProduction FunctionSaving FunctionWelfare EconomicsBlack EconomyCentral Securities Depository (CSD)Frequency FunctionInflation IllusionWelfareWelfare Criterion

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