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.
- 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.
Synonyms
- Jevons effect