Meaning of Hicksian | Babel Free

Definitions

Of or relating to John Hicks (1904–1989), British economist.

Examples

“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.”

“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).”

CEFR level