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
Islip Terrace, New York

... of the population are Hispanic or Latino of any race. There are 1,755 households out of which 43.6% have children under the age of 18 living with them, 67.6% ...

This page was created in 37.9 ms