• The Scitovsky paradox is a paradox in welfare economics which is resolved by stating that there is no increase in social welfare by a return to the original...
    2 KB (248 words) - 23:22, 22 December 2020
  • (also known as Solow computer paradox): Worker productivity may go down, despite technological improvements. Scitovsky paradox: Using the Kaldor–Hicks criterion...
    57 KB (7,937 words) - 04:48, 28 May 2025
  • A paradox is a logically self-contradictory statement or a statement that runs contrary to one's expectation. It is a statement that, despite apparently...
    24 KB (2,737 words) - 06:28, 27 April 2025
  • improvement over C). Compensation principle Pareto efficiency Scitovsky paradox Scitovsky, T. (1941). "A Note on Welfare Propositions in Economics". Review...
    8 KB (1,109 words) - 14:20, 13 July 2023
  • Kaldor–Hicks efficiency. If the two conditions disagree, that yields the Scitovsky paradox. There are many combinations of consumer utility, production mixes...
    32 KB (3,197 words) - 14:15, 24 May 2025
  • The preparedness paradox is the proposition that if a society or individual acts effectively to mitigate a potential disaster such as a pandemic, natural...
    10 KB (1,135 words) - 08:29, 25 May 2025
  • share or shared a mutual perspective on the way economies function. Scitovsky paradox sector A portion or component of the larger economy, such as households...
    229 KB (25,481 words) - 04:10, 25 May 2025
  • economies (London: Macmillan Press ltd.., sixth edition. 1999), pp237–242. Scitovsky, Tibor. Papers on welfare and Growth (London George Allen and Unwin ltd...
    13 KB (1,760 words) - 15:18, 9 February 2025
  • Pareto improvements" advanced by Nicholas Kaldor, John Hicks, and Tibor Scitovsky. While traditional Pareto criteria require that no one be made worse off...
    137 KB (18,705 words) - 06:10, 9 May 2025
  • then the characteristic function becomes the one given.: 501  In Tibor Scitovsky's terminology (more commonly known as the Kaldor–Hicks criterion), this...
    37 KB (3,416 words) - 05:58, 13 May 2025