Question

A community consists of 5 people. Their elected representative wants to maximize a social welfare function that rewards good students. (A) Given an example of a welfare function that would accomplish the representative's goal. (B) Would it result in equality? (C) What is a way to incentivize studying and create more equality?

Answer 1

A)an example of a Welfare function socially among the community would include a organized function where good students who have performed well either in studies or sports or in extra curricular and cultural activities.this will boost other students mentality to do or perform better.a tiny recognition amongst the community people,a minimum respect affect their schycology and fetches them even more motivation and eagerness to do much better than present.
B)this would definitely result equality.as the students are rewarded on the basis of their performance and result and not under any biasness.
C) studies can be incentivized and equality to be established by different methods.initiatives are begun at classrooms itself.promises if rewards by teachers, stickers for better behaviour or good studies etc act aa boosting tool for students motivation.student rewards could be achieved at low expenses.