TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

POTENTIAL PARETO IMPROVEMENT CRITERION [1 record]

Record 1 2015-01-07

English

Subject field(s)
  • Economic Planning
  • Decision-Making Process
OBS

A test of whether or not social welfare is increased by some economic change. ... the compensation principle ... states that, if the gainers from a change could fully compensate the losers from the change, and still be better off than they were before the change, then the change can be deemed desirable, even if the compensation is not actually paid.

French

Domaine(s)
  • Planification économique
  • Processus décisionnel
OBS

[...] [le] principe de compensation [...] peut se formuler ainsi : si une opération a un surplus global positif, on peut trouver un système de transferts compensatoires tel que le surplus de chaque individu soit positif, c'est-à-dire tel que la situation de chacun soit améliorée. Dans la réalité toutefois, on ne met pas en œuvre à chaque instant de tels systèmes de transferts compensatoires [...]

Spanish

Campo(s) temático(s)
  • Planificación económica
  • Proceso de adopción de decisiones
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