EntityQ5156269· pop 5· linked from 7 articlescompensation principleSign in to savelaw in welfare economics centered around prospective gainers helping losersConnectionsdigital object identifierEntityperfect competitionEntityPareto efficiencyEntitycost–benefit analysisEntitywelfare economicsEntityimperfect competitionEntitysocial choice theoryEntityKaldor–Hicks efficiencyEntitytheory of the second bestEntityCompensating variationEntityThe New Palgrave Dictionary of EconomicsEntitySocial Choice and Individual ValuesEntityCategoriesWelfare economics