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bn:03545832n
Noun Concept
Categories: Welfare economics, 1939 introductions, Law and economics
EN
Kaldor–Hicks efficiency  Potential pareto improvement  Hicks-Kaldor  Hicks-Kaldor criterion  Hicks optimality
EN
A Kaldor–Hicks improvement, named for Nicholas Kaldor and John Hicks, is an economic re-allocation of resources among people that captures some of the intuitive appeal of a Pareto improvement, but has less stringent criteria and is hence applicable to more circumstances. Wikipedia
Definitions
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Sources
EN
A Kaldor–Hicks improvement, named for Nicholas Kaldor and John Hicks, is an economic re-allocation of resources among people that captures some of the intuitive appeal of a Pareto improvement, but has less stringent criteria and is hence applicable to more circumstances. Wikipedia
state leading to a Pareto-efficient outcome, concerning the compensation principle Wikidata
IS A
economic efficiency
NAMED AFTER
Nicholas Kaldor
John Hicks
Wikipedia
EN
Kaldor–Hicks efficiency
Wikidata
EN
Kaldor–Hicks efficiency
Wikipedia Redirections
EN
Hicks-Kaldor, Hicks-Kaldor criterion, Hicks optimality, Kaldor-Hicks, Kaldor-Hicks criterion, Kaldor-Hicks efficiency, Kaldor-Hicks efficient, Kaldor-Hicks improvement, Kaldor compensation criteria, Kaldor–Hicks improvement, Potential Pareto improvement, Potential pareto improvement, Scitovsky criterion
Wikidata Alias
EN
Kaldor efficiency

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