Assertion (A): The Kaldor-Hicks efficiency criterion is considered a weaker standard than the Pareto criterion. Reason (R): Kaldor-Hicks only requires that winners could potentially compensate losers, not that they actually do so.

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Economics · Welfare Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Both A and R are true, and R is the correct explanation of A.

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