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DEF: Kaldor Hicks Criteria
Simulation and Modeling for Social and Policy Sciences
Cost Benefit Module
» DEF: Kaldor Hicks Criteria
a changes is warranted if those who gain could compensate those who lose and everyone would still be better off. Separates distributional (equity) concern from efficiency concern.
page revision: 4, last edited:
10 Apr 2016 00:03
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