Definitions from Wiktionary (Kaldor-Hicks improvement)
▸ noun: (economics) An economic reallocation of resources among people, such that those who are made better off could hypothetically compensate those who are made worse off and lead to a Pareto-improving outcome.
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▸ noun: (economics) An economic reallocation of resources among people, such that those who are made better off could hypothetically compensate those who are made worse off and lead to a Pareto-improving outcome.
Similar:
efficiency,
welfare improvement,
cost-benefit analysis,
advancement,
advance,
amelioration,
amendment,
best,
betterment,
breeding,
more...
▸ Words similar to kaldor-hicks improvement
▸ Usage examples for kaldor-hicks improvement
▸ Idioms related to kaldor-hicks improvement
▸ Wikipedia articles (New!)
▸ Words that often appear near kaldor-hicks improvement
▸ Rhymes of kaldor-hicks improvement
▸ Invented words related to kaldor-hicks improvement