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Unit-25: The Social Welfare Function

25.3 Keywords Notes

• Bliss Point: Point of much pleasure
• Technology: Technical

25.4 Review Questions

1. What do you understand by Bergson’s social welfare?
2. The social welfare function is not possible by individual presence. Why?

Answers: Self Assessment

1. Professor Bergson 2. Samuelsson 3. From Scientific View 4. (a)
5. (a) 6. (c) 7. (c) 8. True
9. True 10. False

25.5 Further Readings

1. Microeconomics—Frank Cowbell, Oxford University Press, 2004.
2. Microeconomics— Robert S. Pindick, Daniel L. Rubinfield and Prem L. Mehta, Pearson
Education, 2009, PBK, 7th Edition.
3. Microeconomics— David Bosanko and Ronald Brutigame, Wiley India, 2011, PBK, 4th
Edition.

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