POTENTIAL PARETO IMPROVEMENT CRITERION


Meaning of POTENTIAL PARETO IMPROVEMENT CRITERION in English

The policy objective that gainers from a policy change (or project) could compensate the losers from the change and still be better off. In particular note that a policy that passes this criterion does not need to include the compensation, the compensation merely has to be possible

Environmental economics English glossary.      Английский глоссарий экономики окружающей среды.