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Definitions
Welfare Criterion
Welfare Criterion
Pareto Criterion
Hicks-Kaldor Criterion
Scitovsky Criterion
Economics
A method of deciding whether a proposed change in the economy should be made based on specific criteria evaluating gains and losses.
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Definitions
Welfare Economics: Definition and Meaning
Welfare Economics
Economic Activity
Utility Functions
Efficiency
Pareto Efficiency
Social Welfare
Cost-Benefit Analysis
An entry exploring the scope, historical background, and multifaceted aspects of welfare economics.
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Definitions
Welfare State
Welfare State
Economics
Social Policy
Definition and meaning of the welfare state in economics
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Definitions
White Knight
Mergers
Acquisitions
Corporate Strategy
Finance
An entity or investor that acquires a company to save it from an unwanted takeover.
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Definitions
White Noise
Economics
Stochastic Process
Variance
Autocorrelation
A stochastic process with zero mean, constant variance, and zero autocorrelation
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Definitions
White Noise in Economics
Economics
White Noise
Time Series Analysis
Autoregressive Moving Average Model
A stochastic process with zero mean, constant variance, and zero autocorrelation
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Definitions
White Paper
Government
Policy
Legislation
A UK government publication generally intended as a prelude to legislation, contrasted with a green paper meant to stimulate public discussion.
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Definitions
White's Test
White's Test
Heteroscedasticity
OLS
Chi-Square Distribution
A diagnostic tool for detecting heteroscedasticity in regression analysis, utilizing regressions of squared OLS residuals.
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Definitions
Wholesale Banking
Banking
Financial Institutions
Economics
Banking by institutions which specialize in dealing with other financial institutions, large firms, and wealthy individuals.
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Definitions
Wholesale Prices
Wholesale Prices
Economics
Index
Leading Indicator
The prices of goods dealt with on a wholesale basis, important for economic indicators and analyses.
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Definitions
Wholesaling
Wholesaling
Economics
Commerce
The sale of goods to distributors, rather than the general public.
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Definitions
widget
Economics
Widget
Manufactured Good
Understanding the term 'widget' in economic texts.
Read more about widget.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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