Exchange Currency

deadweight loss

The net loss in economic welfare that is caused by a tariff or other source of distortion, defined as the total losses to those who lose, minus the total gains to those who gain. Usually identified in a supply-and-demand diagram in terms of change in consumer and producer surplus together with government revenue. The net of these appears as one or two welfare triangles.

Related information about deadweight loss:
  1. Deadweight loss - Wikipedia, the free encyclopedia
    In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a ...
     
  2. Deadweight Loss Definition | Investopedia
    The costs to society created by market inefficiency. Mainly used in economics, deadweight loss can be applied to any deficiency caused by an inefficient ...
     
  3. Definition of Deadweight Loss
    Deadweight loss is the inefficiency caused by, for example, a tax or monopoly pricing. The diagram below shows a deadweight loss (labeled "gone") caused by ...
     
  4. The deadweight loss of Christmas
    Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. The deadweight loss of Christmas. Waldfogel, Joel ...
     
  5. Deadweight Loss - AP Central
    Defining Deadweight Loss. “Losses associated with quantities of output that are greater than or less than the efficient level, as can result from market intervention ...
     
  6. How to Calculate Deadweight Loss | eHow.com
    How to Calculate Deadweight Loss. Economics is all based on theories and trends, and provides us with an accurate prediction of results when we change ...
     
  7. Deadweight Loss - Financial Dictionary - The Free Dictionary
    The loss of economic activity due to excessive taxation. For example, suppose a person on welfare is offered a job that pays more than he/she receives in ...
     
  8. Taxation and Dead Weight Loss | Microeconomics | Khan Academy
    ... Total Consumer Surplus as Area · Producer Surplus · Rent Control and Deadweight Loss · Minimum Wage and Price Floors · Taxation and Dead Weight Loss ...