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On the Valuation of Social Income-Reflections on Professor Hicks' Article. Part I

Bibliographic Data

ID9727190
AuthorsSimon Kuznets (corresponding author)
Year1948
Volume15
Issue57
Pages1
Publication date1948-02-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherJSTOR (PUBLISHER)
DOI10.2307/2549705
OpenAlexW2315509674
LanguageEN
Citations received3

PROFESSOR HICKS deals first with the case of an individual in two situations, distinguished by different quantities of goods purchased (q'1, qL, etc., in Situation I and q'2, q2, etc., in Situation II) at different prices (P'i, p,, etc., and P'2, P2, etc.). Constant wants or unchanged tastes are assumed, with the consequence that the indifference curves in the two situations belong to the same system, and, therefore, cannot intersect. The criteria by which one can judge whether an individual's welfare increased from Situation I to II are given as follows

Constant (computer programming) · Economics · Market economy · Mathematical economics · Microeconomics · Political science · Positive economics · Social Welfare · Sociology · Valuation (finance) · Welfare · Computer Science · Economic Theory and Institutions · Finance · Law

  • Welfare Criteria

    E J Mishan•The Economic Journal•1973

  • Real National Income

    Amartya Sen•The Review of Economic Studies•1976

  • São Paulo metrópole

    Open Access•Claudi Salvadori Dedecca, Cassiano José Bezerra Marques Trovão•Estudos Avançados•2024

Unique citing works3
Citations per year0,06
Citation span1973 - 2024 (52)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 2

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