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Problem Set 10 - Week 10 - Equity - Microeconomics - MITx Online2
Problem Set 10 - Week 10 - Equity - Microeconomics - MITx Online2
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Elections in Utopolis
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Problem Set due Mar 27, 2024 07:30 +08 Completed
Problem PS10.2.1
2/2 points (graded)
There are three equally-sized distinct subpopulations in Utopolis: unemployed, workers, and retirees. There are four
possible social states which result in different utility levels for the three subpopulations:
Social state A
Social state B
Social state C
Social state D
There is a government election in Utopolis with two candidates: a Rawlsian and a Utilitarian candidate. Each candidate
promises to enact one of the social states above.
If the candidate that wins the votes of a majority of citizens is elected, and if citizens vote in their self-interest, which
social state will be enacted?
Social state D
Social state B
Social state C
Social state A
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