Statements (23)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:allows |
compensation principle
|
gptkbp:alsoKnownAs |
gptkb:Kaldor-Hicks_criterion
|
gptkbp:appliesTo |
cost-benefit analysis
|
gptkbp:assumes |
winners could compensate losers
|
gptkbp:basisFor |
policy evaluation
|
gptkbp:category |
efficiency criteria
|
gptkbp:compatibleWith |
actual compensation
|
gptkbp:contrastsWith |
gptkb:Pareto_improvement
|
gptkbp:describes |
resource allocation
|
gptkbp:firstDescribed |
1939
|
https://www.w3.org/2000/01/rdf-schema#label |
Kaldor-Hicks efficiency
|
gptkbp:implies |
potential Pareto improvement
|
gptkbp:proposedBy |
gptkb:John_Hicks
gptkb:Nicholas_Kaldor |
gptkbp:publishedIn |
gptkb:The_Economic_Journal
|
gptkbp:relatedTo |
gptkb:Pareto_efficiency
|
gptkbp:usedFor |
evaluating economic changes
|
gptkbp:usedIn |
welfare economics
|
gptkbp:bfsParent |
gptkb:Law_and_Economics
gptkb:Nicky_Kaldor gptkb:Pareto_efficiency |
gptkbp:bfsLayer |
6
|