Economics · Welfare Economics
The 'Compensation Criterion' which states that state A is socially preferable to state B if those who gain from the change can compensate the losers and yet end up with a surplus welfare gain is attributed to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1W. Pareto
- 2N. Kaldor✓
- 3T. Scitovsky
- 4A. Bergson
Correct answer
N. Kaldor
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