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sixes_and_sevens comments on Everyday Questions Wanting Rational Answers - Less Wrong Discussion

5 Post author: Relsqui 05 October 2010 06:04AM

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Comment author: sixes_and_sevens 21 May 2013 12:02:02AM 2 points [-]

Two and a half years later but, past-self, the term you're looking for is "Kaldor-Hicks inefficiency". It's part of cost-benefit analysis, and means the gains to the winning party from an intervention are not sufficient to compensate the losses of others.