Economics · Welfare Economics
The welfare criterion based on compensation payments is popularly known as:
- 1Dalton-Friedman Compensation Criterion
- 2Amartya Sen Compensation Criterion
- 3Pareto-Bains Compensation Criterion
- 4Kaldor-Hicks Compensation Criterion✓
Correct answer
Kaldor-Hicks Compensation Criterion
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