Last Updated
:2025/11/20
equivalent variation
Noun
Japanese Meaning
等価変動:価格上昇が起こる前に、その価格上昇を回避するために消費者が支払ってもよいとされる金銭的な価値。すなわち、価格上昇によって生じる効用損失を補償するための金銭的尺度として経済学で用いられる。
( plural )
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(economics) The measure of how much money a consumer would pay before a price increase, to avoid the price increase.
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equivalent variation
The equivalent variation calculated for the tariff hike showed that many households would pay a considerable sum to avoid the price rise.
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The equivalent variation calculated for the tariff hike showed that many households would pay a considerable sum to avoid the price rise.
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