Statements (15)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Economic concept
|
| gptkbp:appliesTo |
Resource allocation
|
| gptkbp:contrastsWith |
gptkb:Pareto_improvement
|
| gptkbp:criteria |
Potential efficiency
|
| gptkbp:defines |
A change where those that are made better off could in theory compensate those that are made worse off, and still be better off.
|
| https://www.w3.org/2000/01/rdf-schema#label |
Kaldor-Hicks improvement
|
| gptkbp:introducedIn |
20th century
|
| gptkbp:namedAfter |
gptkb:John_Hicks
gptkb:Nicholas_Kaldor |
| gptkbp:partOf |
Welfare economics
|
| gptkbp:relatedTo |
gptkb:Kaldor-Hicks_efficiency
gptkb:Pareto_improvement |
| gptkbp:usedIn |
Cost-benefit analysis
|
| gptkbp:bfsParent |
gptkb:Pareto_improvement
|
| gptkbp:bfsLayer |
7
|