Economics · Welfare Economics
Tibor Scitovsky pointed out that the Kaldor-Hicks compensation criterion can lead to contradictory results due to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1High transaction costs
- 2Diminishing marginal utility of income
- 3The Scitovsky Reversal Paradox✓
- 4The Condorcet Paradox of voting
Correct answer
The Scitovsky Reversal Paradox
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Welfare Economics MCQs →Want more practice questions on Welfare Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Welfare Economics