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Concept information

social science subjects > business and management > business ethics > economics and ethics > deadweight loss

Terme préférentiel

deadweight loss  

Définition(s)

  • A deadweight loss indicates the amount of economic welfare lost to the economy due to either (1) a market failure or (2) interference by government in an otherwise efficient marketplace. The deadweight loss comes at the expense of consumer or producer welfare, or both (in varying degrees). [Source: Encyclopedia of Business Ethics and Society; Deadweight Loss]

Concept(s) générique(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-NFGBNL6N-X

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