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O;f"V vFkZ'kkL=k osQ fl¼kar




                    uksV          izkjaHk esa miHkksDrk ¯cnq Q ij larqyu esa gS tgk¡ ctV js[kk AB vkSj rVLFkrk oØ IC ,d nwljs dks Li'kZ
                                  djrs gSaA lscksa dh dher osQ fxjus osQ dkj.k] dher js[kk nkb± vksj ljd dj AC gks tkrh gSA miHkksDrk vc
                                  ¯cnq R ij larqyu esa gS tgk¡ rVLFkrk oØ IC  vkSj ctV js[kk AC ,d nwljs dks Li'kZ dj jgh gSA ¯cnq
                                                                    1
                                  Q ls ¯cnq R ij xfr ;k lapyu lscksa dh OL ls OM ek¡xh xbZ ek=kk esa ifjorZu dks izdV djrk gSA ;g
                                  gh dher izHkko gSA vr%

                                                           dher izHkko = OM – OL = LM


                                  LyVLdh miHkksDrk dh okLrfod vk; dks fLFkj j[kus osQ fy;s mlls ekSfnzd vk; dh AS ek=kk okil ys
                                  dj izfrLFkkiu izHkko dks i`Fkd djosQ fn[kkrk gSA blfy, ¯cnq Q }kjk izdV lsckas vkSj larjksa osQ izkjafHkd
                                  la;ksx osQ :i esa miHkksDrk dh okLrfod vk; fLFkj
                                  jgrh gSA vr% ubZ ctV js[kk SS ¯cnq Q esa ls    oqQN egÙoiw.kZ voyksdu
                                  fudyrh gqbZ AC js[kk osQ lekukarj [khaph xbZ gSA  (a) ½.kkRed izfrLFkkiu izHkko ek¡x osQ fu;e osQ
                                  ubZ ctV js[kk SS rVLFkrk oØ IC  dks ¯cnq T ij  leku] oLrq dh ek¡xh xbZ ek=kk vkSj mldh dher
                                                           2
                                  Li'kZ dj jgh gS tks de gqbZ ekSfnzd vk; rFkk fLFkj  osQ chp ½.kkRed lacaèk dks izdV djrk gSA
                                  okLrfod vk; osQ vuq:i larqyu osQ u, ¯cnq osQ  (b) ½.kkRed vk; izHkko ek¡x osQ fu;e osQ foijhr
                                  :i esa mHkj dj vkbZ gS ijarq miHkksDrk dh  oLrq dh dher rFkk mldh ek¡xh xbZ ek=kk osQ
                                  okLrfod vk; fLFkj gSA miHkksDrk larqyu ¯cnq T  chp èkukRed lacaèk dks izdV djrk gSA
                                                                          (c) ek¡x osQ fu;e dk mYya?ku rc gksrk gS tc vk;
                                  ij lscksa dh ON ek=kk dh ek¡x djrk gSA tcfd
                                                                             izHkko izfrLFkkiu izHkko dh rqyuk esa vfèkd
                                  izkjaHk esa og OL ek=kk dh ek¡x dj jgk FkkA budk
                                                                             'kfDr'kkyh gksrk gS] ;g fLFkfr fxÝiQu oLrqvksa
                                  (ON – OL = LN) izfrLFkkiu izHkko gSA vr%
                                                                             osQ lacaèk esa mRiUu gksrh gSA
                                       izfrLFkkiu izHkko = ON – OL = LN
                                       vk; izHkko = LM – LN = NM
                                       dher izHkko (LM) = izfrLFkkiu izHkko (LN) + vk; izHkko (NM)


                                  4-26   LyVLdh dk n`f"Vdks.k fgDl osQ n`f"Vdks.k ls fdl izdkj fHkUu gS\
                                         (How Slutsky’s Approach Differs from Hick’s Approach?)

                                  fgDl rFkk LyVLdh nksuksa vk; izHkko dks fuf"Ø; (Neutral) djosQ izfrLFkkiu izHkko dks dher izHkko
                                  ls i`Fkd (Isolate) djrs gSaA nksuksa miHkksDrk ls ekSfnzd vk; dk ,d Hkkx okil ysdj ,slk djrs gSa rkfd
                                  oLrq dh dher fxjus ls igys tks mldh okLrfod vk; Fkh og fLFkj cuh jgsA ijarq nksuksa dh èkkj.kkvksa esa
                                  fuEufyf[kr varj gSμ
                                  fgDl osQ vuqlkj miHkksDrk ls mruh ekSfnzd vk; okfil ys ysuh pkfg;s ftlls og viuh okLrfod vk;
                                  ls larqf"V osQ iqjkus Lrj (Old Level of Satisfaction) dks dk;e j[k losQ vFkkZr~ izkjafHkd rVLFkrk js[kk
                                  ij cuk jg losQA bl fLFkfr esa tks ubZ ctV js[kk [khaph tkrh gS og izkjafHkd rVLFkrk oØ dks Li'kZ djrh gSA
                                  LyVLdh osQ vuqlkj vfèkd ekSfnzd vk; okil ys yh tk;s tks miHkksDrk dh okLrfod vk; dks nks oLrqvksa
                                  osQ iqjkus la;ksx (Old Combination of the Two Goods) ij fLFkj dj nsrh gSA
                                  fyIlh osQ 'kCnksa esa] ^^fgDl osQ n`f"Vdks.k esa larqf"V dks fLFkj j[kdj vk; izHkko dks gVk;k tkrk gS]
                                  tcfd LyVLdh osQ n`f"Vdks.k esa Ø;'kfDr dks fLFkj j[kdj vk; izHkko dks gVk;k tkrk gSA** (In
                                  Hicks’s approach the income effect is removed by holding satisfaction constant,
                                  while in Slutsky’s approach it is removed by holding purchasing power constant.)
                                                                                                      —Lipsey





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