The Measurement of Waste¶
Harberger, A. C. (1964). The Measurement of Waste. 54(3), 58-76.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Cost–Benefit Assessment Protocol
- On the benefit side: entry rises, prices fall, and the gains-from-trade currently blocked — the braiding services that simply don't happen because licensure priced the braiders out — get recovered; that recovered surplus is the Harberger-triangle estimate.
This sourceFrames the Harberger triangle as a measure of allocative welfare loss caused by economic distortions.
- On the benefit side: entry rises, prices fall, and the gains-from-trade currently blocked — the braiding services that simply don't happen because licensure priced the braiders out — get recovered; that recovered surplus is the Harberger-triangle estimate.
Verification¶
This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.
Registry ID ref:6b9cb5a78263 · see in the full table