Jevons paradox
English
Alternative forms
- Jevons' paradox
Etymology
Named after English economist William Stanley Jevons (1835–1882).
Pronunciation
- IPA(key): /ˈdʒɛvənz paɹədɒks/
Proper noun
- (economics) The proposition that technological progress that increases the efficiency with which a resource is used tends to increase (rather than decrease) the rate of consumption of that resource.
Synonyms
- Jevons effect
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