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Re: Re:vasudha isi 2012 ME II

Posted by anon_econ on Mar 09, 2012; 7:18am
URL: http://discussion-forum.276.s1.nabble.com/isi-2012-ME-II-tp7354815p7357394.html

I don't understand y it can be done only by changing lamda..i mean say u n i r the 2 people and right now i have 1/3 of each good and u hv 2/3. now if instead i am given 1/5 of one good and 1/2 of the other (more of one, less of the other), and u get 4/5 of one and 1/2 of the other, how do i know this won't be a pareto improvement??
plzz reply duck..thanks a lot