Kaldor-Hicks criterion/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> The criterion for the assessment of the economic efficiency of a proposal that requires that it should be possible that those who gain from it should be...) |
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The criterion for the assessment of the economic efficiency of a proposal that requires | The criterion for the assessment of the economic efficiency of a proposal that requires that those who gain from it should be able to compensate those who lose from it. | ||
Latest revision as of 05:33, 4 November 2009
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Kaldor-Hicks criterion [r]: The criterion for the assessment of the economic efficiency of a proposal that requires that those who gain from it should be able to compensate those who lose from it.