who gave ordinal approach of utility ???
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⚔️⚔️ D.H. Robertson
Prof. D.H. Robertson was of the view indifference curve approach is like an old wine in a new bottle and tells nothing new.
He further advocates that indifference curve approach is same as utility theory. The only change which Hick has made is in use of words, MRS instead of marginal utility. ⚔️⚔️⚡
✨ mαrk вrαínlíєѕt ✨
Prof. D.H. Robertson was of the view indifference curve approach is like an old wine in a new bottle and tells nothing new.
He further advocates that indifference curve approach is same as utility theory. The only change which Hick has made is in use of words, MRS instead of marginal utility. ⚔️⚔️⚡
✨ mαrk вrαínlíєѕt ✨
subhamgupta1062000:
I ask who gave the ordinal approach of utility??
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