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It is so provided by the goods b, with... It that do not intend to get the goods
b, and refusal of last shares of the goods and for it still only small
Victim, while for In acquisition of the first share of the goods and - big
Prize. That is, it is possible to tell that at change of the owner the consumer
Cost of this part of the goods and increases.
Thus, from an axiom of decreasing utility we pass to
To the assumption of decreasing utility of the income. To outstanding economists not
Has made work to extend an axiom of decreasing utility to incomes.
So, prof. Pigu wrote: "it is obvious that any moving of incomes from
Concerning the rich person to rather poor about same
Character should increase a satisfaction total sum, as it
Provides satisfaction more pressing needs for the bill less
Essential "Economics of Welfare, p. 89, 4th ed. (London, 1948), Pigou.
Thanks to the simplicity this statement is perceived easier, than
The statement of prof. Lernera: "the General satisfaction is maximised by the such
Distribution of incomes which equalises limiting utility of incomes
All members of a society "The Economics of Control, A. P. Lerner, 3rd ed.
(1947), p.29, chap. II.
Limiting utility of the income is a fashionable term for a designation
Satisfaction or the pleasure received from last unit
The income. We will admit, this unit equals to 10 pounds. The statement of the prof.
- means that incomes are well distributed, if loss of 10 pounds
It will be identical to be endured by all members of a society. The statement of the prof.
- means that transfer of 10 pounds from one hands in others is justified,
If to the new owner this sum brings more satisfactions, than
To the previous.
Prof. Robbins with grace peculiar to it confirmed 2nd ed. (London, 1935), L. Robbins, An
Essay on the Nature, chap. VI and Significance of Economic Science that distribution of the theory of decreasing utility on
To sphere means comparison of degrees of satisfaction of different people. It
Again gets in that trap which aspire to avoid at the reasonable
Application of this theory. Satisfaction of different people, confirms
Robbins, it is impossible to measure by one measure.
This argument has unexpectedly appeared saving for the adherent of economy
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