Word Pronunciation & Dictionary

kaldor-hicks improvement

Word Rarity Very rare

Frequency: Zipf frequency 1.89 in modern English

Syllables: kaldor-hick-s im-prove-ment
IPA

45

Scrabble Score

22

Letters

5

Syllables

16

Unique Chars

Meaning

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.

Etymology

Named for Nicholas Kaldor and John Hicks.

Inflected Forms

Kaldor-Hicks improvements (plural)

Phrases

Kaldor-Hicks criterion Kaldor-Hicks efficiency Kaldor-Hicks efficient

Frequently Paired Words

Kaldor-Hicks criterion Kaldor-Hicks efficiency Kaldor-Hicks efficient

Questions

What does kaldor-hicks improvement mean?: 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.
Where does kaldor-hicks improvement come from?: Named for Nicholas Kaldor and John Hicks.

How to pronounce kaldor-hicks improvement

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