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It is obvious that the general balance includes a certain optimum for everyone
The individual who depends only on level of the incomes which are it
The order, and the picture of the general balance will vary with change
Distributions of these incomes. If the general balance can be compared with
"Less than equilibrium" a status by criterion of increase in the total
Satisfactions, also the general balance evolving
Certain initial distribution, it is possible to compare to the general
Balance at other initial distribution. Thus,
Concept of the general balance as the statuses, each deviation, from which
Involves decrease in total satisfaction, directly leads
"To well-being economy" and actually is a source of its statements
In style of Pareto.
The theory of decreasing utility
The leading part in the modern economic science developed by Valrasom and
- , has played not only the theory of maximisation of satisfaction.
Axiom about decreasing utility since these economists to the today's
Day continues to remain one of the basic tools economic
Researches. That fact that the certain part of a product and that is less valuable
For the owner, than and it possesses a considerable quantity of a product, fine
Explains acquisitions of both parties in the course of an exchange: each party
Refuses "last" shares of the goods which at it is a lot of, that
To get "the first" shares of the goods which at it is not present. Two sets of the goods and
And b, originally concentrated in different hands, increase in cost
In the course of an exchange, as last shares of the goods and, a little useful for And,
Pass In for which they have the big utility, at that time
As And gets at In last shares of the goods b which are more valuable for
It, than for the previous owner.
In this operation of an exchange it is necessary to consider two circumstances. Refusing from
Last shares of the goods and, the owner And loses, whereas a little, getting
The first shares of the goods b, it much receives. We will assume now that it
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