Jevons paradox
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English[edit]
Alternative forms[edit]
Etymology[edit]
Named after English economist William Stanley Jevons (1835–1882).
Pronunciation[edit]
Proper noun[edit]
- (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.
- 2019 November 1, Oliver Burkeman, “Not enough hours in the day? Well, finding more may not help”, in The Guardian[1]:
- One well-known example is electricity usage, where the Jevons paradox explains how making appliances more energy efficient can backfire by stimulating demand.