Averch-Johnson effect
Averch-Johnson effect noun: the tendency of regulated companies to engage in excessive amounts of capital accumulation in order to expand the volume of their profits.
Noun
Averch-Johnson effect (plural Averch-Johnson effects)
- The tendency of regulated companies to engage in excessive amounts of capital accumulation in order to expand the volume of their profits.
Forms of Averch-Johnson effect
| plural | Averch-Johnson effects |
|---|
Origin of Averch-Johnson effect
Named after Harvey Averch and Leland L. Johnson who proposed the idea.
Questions about Averch-Johnson effect
- What does Averch-Johnson effect mean?
- Averch-Johnson effect means the tendency of regulated companies to engage in excessive amounts of capital accumulation in order to expand the volume of their profits.
- What part of speech is Averch-Johnson effect?
- Averch-Johnson effect is a noun.
- What is the plural of Averch-Johnson effect?
- The plural of Averch-Johnson effect is Averch-Johnson effects.
Words near Averch-Johnson effect in the dictionary
Source and license
Adapted from Wiktionary: Averch-Johnson effect (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “Averch-Johnson effect.” Word.ws, https://word.ws/averch-johnson_effect. Based on Wiktionary, CC BY-SA 4.0.
