Question: ECON 149 3. Assuming |I| = |O| = N, what is the number of all possible problems? In other words, what is P? What is

ECON 149

3. Assuming |I| = |O| = N, what is the number of all possible problems? In other words, what is P? What is the number of all possible allocations? In other words, what is |M|? What is the number of all possible allocation rules? How many of those allocation rules are a serial dictatorship? (remember, each 'dicta- torial order' gives a serial dictatorship rule)

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