Page:  of 182
 
the welfare frontier), in which society actually finds itself. It indi-
cates the allocative efficiency of the economy.
8. A social (or community) indifference curve of the Scitovsky
frontier type shows the minimum amount of any one good, given
the amounts of the others, necessary to keep each member of the
group on a prescribed level of indifference.
9. A social indifference curve of the Bergson frontier type
shows the minimum amount of any one good, given the amounts
of the others, necessary to maintain a given level of W.
10. Excessive external effects in consumption exist whenever
a larger collection of goods (i.e. a collection in which at least one
good is increased in amount, and none decreased) fails to lead
to a higher level of W, no matter how it is distributed.

[In (8)-(10), as in (2), rendering a productive service is to be
regarded as consuming a negative amount of a good.]

-x-

Questia, a part of Gale, Cengage Learning. www.questia.com

Publication Information: Book Title: Theoretical Welfare Economics. Contributors: J. De V. Graaff - author. Place of Publication: Cambridge. Publication Year: 1963. Page Number: x.
    
This feature allows you to create and manage separate folders for your different research projects. To view markups for a different project, make that project your current project.
This feature allows you to save a link to the publication you are reading or view all the publications you have put on your bookshelf.
This feature allows you to save a link to the page you are reading, which you can later return to from Projects.
This feature allows you to highlight words or phrases on the publication page you are reading.
This feature allows you to save a note you write on the publication page you are reading.
This feature allows you to create a citation to the page you are reading that you can paste into your paper. Highlight a passage to include that passage as a quotation.
This feature allows you to save a reference to a publication you are reading for your bibliography or generate a bibliography you can paste into your paper.
This feature allows you to print the page you are reading, including your notes or highlights (IE users must have "print background colors and image" setting selected.)
This feature allows you to look up words in encyclopedia.
  About Questia Tools
Close Window  
Questia's powerful research tools allow you to highlight, take notes, bookmark and even create instant citations and bibliographies. To use these features and save hours of work, you must create a Questia account.
Need a Questia account?
Sign up for a FREE trial now. Save time, stress and hassle, and get better grades with trusted, online research.

» Click here for our free trial

Already have a Questia account? Login now!
Error
Working...
Printing Preferences
Format for black and white printer: On Off
Print highlights: On Off
Print notes: On Off
Choose one of the options for printing:
Print this page (No Charge)
Print pages to