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Excerpt from Agricultural Economics Research, Vol. 29: October 1977 Winch has shown that consumer's gain can be esti mated Within certain limits allowing for compensation in the sense of Hicks The net gain or loss resulting from aggregation is a valid measure only if the society is indifferent to the redistribution of gains and losses. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.