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

Reformed churches

... from the CRC in the 1920s in a schism over the issue of common grace. Reformed Church in the United States[?] (German Reformed) Reformed Church in America[?] (Dutch ...