Re: dse entrance 2012 question doubt

Posted by Sumit on Mar 18, 2013; 6:59pm
URL: http://discussion-forum.276.s1.nabble.com/dse-entrance-2012-question-doubt-tp7579873p7579876.html

My take Acc.to definition of pareto efficiency : It's not only mean making one people better of without hurting anybody else..(this definition is used only when already efficiency is there but in this question it is not)....Its also mean to make some group of people better off...It's does not concern about distribution of utility (which you stuck off)...it look only for total utility Maximization...which is done only in first Allocation thats I think its  only Allocation-1 is pareto efficiency..