Relaxing the universal domain axiom, say through strict observance of
cultural norms, can lead to a desirable social preference ordering based on
Arrow's axioms.
True
False
2.
One implication of the Kaldor criterion is that given an initial social state
which is not yet pareto-optimal, a society may choose equality over
efficiency if the pareto-optimal point if some will be worse-off by moving
away from the initial social state.
True
False
