Hicksian en · ADJ
Etymology
From Hicks + -ian.
Meanings
-
Of or relating to John Hicks (1904–1989), British economist.
An important property of Hicksian demand is that it satisfies the compensated law of demand: Demand and price move in opposite directions for price changes that are accompanied by Hicksian wealth compensation.
1995, Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green, Microeconomic Theory, Oxford University Press, page 62:This concept is sometimes referred to as a “Hicksian” measure – hence the H superscript – as a similar notion was discussed by J. R. Hicks in chapter XIV of Value and Capital (1946).
2024, Jeremy B. Rudd, A Practical Guide to Macroeconomics, page 59:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| most Hicksian | Degree=Sup | lexicographic | |
| more Hicksian | Degree=Cmp | lexicographic |