Encyclopedia > Deadweight loss

Article Content

Deadweight loss

In economics, a deadweight loss is said to occur when some people could be made better off without others being made worse off (that is, the current situation is not Pareto optimal).

Common causes of deadweight losses are monopoly pricing (or even pricing in markets with high fixed costs[?]), externalities or taxes or subsidies.

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

1904

... 1870s 1880s 1890s - 1900s - 1910s 1920s 1930s 1940s 1950s Years: 1899 1900 1901 1902 1903 - 1904 - 1905 1906 1907 1908 1909 See also: 1904 in film 1904 in ...