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Glossary Environmental Economics / Term

Potential Pareto Improvement Criterion

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.

Permanent link Potential Pareto Improvement Criterion - Creation date 2020-04-19


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