Economics Dictionary of ArgumentsHome
| |||
|
| |||
| Kaldor-Hicks Criterion - Economics Dictionary of Arguments | |||
| Kaldor-Hicks Criterion: The Kaldor-Hicks criterion is an economic efficiency standard that states that a political or economic change is considered an improvement if the beneficiaries could theoretically compensate the aggrieved and still retain some of the benefits. It does not require that compensation actually be paid, as the focus is on potential welfare gains rather than actual redistribution. See also Efficiency, Pareto optimum, Difference principle, Inequalities. _____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Economic Theories | Kaldor-Hicks Criterion | Economic Theories | |
| Hicks, John R. | Kaldor-Hicks Criterion | Hicks, John R. | |
| Kaldor, Nicholas | Kaldor-Hicks Criterion | Kaldor, Nicholas | |
| Zerbe, Richard O. | Kaldor-Hicks Criterion | Zerbe, Richard O. | |
|
Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-06-14 | |||
