Micro-Economic Analysis

kaldor-hicks , scitovsky explained the compensation rule to reach pareto level, Bergson and Samuelson explained by taking value judgements into thr account any society can be reached to maximum socail welfare, Arrow threw light onsocial choice

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NTA-UGC-NET & SET Exams

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NTA-UGC NET: Social Welfare Function

Micro Economics

Economics

NET Exams

Bergson -Samuelson explained their individual social welfare fuctions by incorporating value judgements and how we can acheive point of bliss

Bergson-Samuelson Social Welfare Function

Kaldor hicks compensatiation rule

Double Criteria

Arrow's Impossibility Theory

Theory of Second Best

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Bergson-Samuelson Social Welfare Function

Mudunuru Vijay Chand

NTA-UGC NET: Social Welfare Function

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