Word.ws English Dictionary

Kaldor-Hicks improvement

Kaldor-Hicks improvement noun: 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.

Noun

Kaldor-Hicks improvement (plural Kaldor-Hicks improvements)

  1. 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.

Forms of Kaldor-Hicks improvement

pluralKaldor-Hicks improvements

Origin of Kaldor-Hicks improvement

Named for Nicholas Kaldor and John Hicks.

Questions about Kaldor-Hicks improvement

What does Kaldor-Hicks improvement mean?
Kaldor-Hicks improvement means 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.
What part of speech is Kaldor-Hicks improvement?
Kaldor-Hicks improvement is a noun.
What is the plural of Kaldor-Hicks improvement?
The plural of Kaldor-Hicks improvement is Kaldor-Hicks improvements.

Words near Kaldor-Hicks improvement in the dictionary

  1. Kalderon
  2. Kaldor
  3. Kaldor-Hicks criterion
  4. Kaldor-Hicks efficiency
  5. Kaldor-Hicks efficient
  6. Kaldor-Hicks improvement
  7. Kaldor-Hicks improvements
  8. Kaldorian
  9. Kaldors
  10. kalduny
  11. kale

Source and license

Adapted from Wiktionary: Kaldor-Hicks improvement (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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