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Kaldor Hicks

/ˈkɑldɔr hɪks/ /ˈkældɔː hɪks/
noun
GeneralEconomics
  1. 1 Kaldor-Hicks ölçütü, Kaldor-Hicks etkinliği uncountable

Definition (English)

A criterion for judging economic efficiency, where gains outweigh losses.

Example Sentences

  1. The Kaldor Hicks principle is a key economic concept.
    Kaldor Hicks ilkesi temel bir ekonomik kavramdır.
  2. We applied the Kaldor Hicks efficiency test.
    Kaldor-Hicks etkinlik testini uyguladık.