Question

What are the conditions characterizing the social planner’s solution?

Answer 1

Social planner:- The social planner role is generally played by a government entity. However, real governments have multiple goals in addition to, or instead of the benefit of their people.In welfare economics, a social planner is a decision-maker who attempts to achieve the best result for all parties involved. In neo-classical welfare economics, this means the maximization of a social welfare function. In modern welfare economics, there is a greater emphasis on Pareto optimality, in which no one's economic status can be improved without worsening someone else's. Pareto-optimal solutions are not unique, and according to the Second Fundamental Theorem of Welfare Economics, a social planner can achieve any Pareto-optimal outcome by an appropriate redistribution of wealth by means of competitive market.

Benevolent :- Social planner is benevolent because he only cares about the welfare of the consumer. Therefore, instead of having prices to guide the economy to equilibrium, it is allowed the social planner to decide how the consumer's time will be allocated between leisure and labor. The only constraints the planner faces are the consumer's time endowment and the state of technology. Obviously, the social planning problem gives us the highest possible utility level for the consumer. It is assumed, in particular, that information is costless and readily available to the social planner.

The conditions characterizing the social planner’s solution

Utimately social planners aim to create healthier communities. Goals often relate to improving environments and communities for populations such as children and youth, seniors, or immigrants, or address challenges such as housing, transportation or gambling and addiction. Regardless of the challenge a communities faces, a important goal common to social planning is attention to the process a community undergoes to solve its challenges. Although all communities face difficulties, social planning sees collaboration as not only effective but neessary. When communities have a wide range of partnerships to address challenges, greater community knowledge and understanding is gained, strong relationships are formed and solutions can be realised.

social planner research:-Identifying strengths and weaknesses is done by a planner through a variety of means. Social research is often undertaken independently by a social planner to provide information on the needs of a community, or is done in conjunction with other community organizations or agencies.

Try to get funding for programs:- In order to receive funding for certain programs and services in a community, the programs must first be evaluated. A social planner helps to evaluate services and programs through the use of surveys, usage data and other means to determine whether they are helpful in a community.

Social planners provide educational programs :-A social planner also provides education and awareness in the community, as well as provides safe places for meetings and mediation sessions. These issues range from fundraising to homelessness and other causes that might be important to those living in an area. A person in this role often goes out into the community to talk to people about issues that are affecting them on a daily basis.