Pareto optimality
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Pareto efficiency — Pareto efficiency, or Pareto optimality, is an important concept in economics with broad applications in game theory, engineering and the social sciences. The term is named after Vilfredo Pareto, an Italian economist who used the concept in his… … Wikipedia
Pareto — can refer to:*Vilfredo Pareto (1848–1923), Italian sociologist, economist and philosopher; *Paula Pareto (born 1986), Argentine judokaSeveral things named after Vilfredo Pareto:*Pareto chart, an ordered bar chart used in statistical quality… … Wikipedia
Pareto principle — Put in terms of preferences, this is the principle that (i) if everyone in a society is indifferent between two alternatives then the society should be indifferent as well, and (ii) if at least one individual prefers x to y, and everyone else… … Philosophy dictionary
Pareto Efficiency — An economic state where resources are allocated in the most efficient manner. Pareto efficiency is obtained when a distribution strategy exists where one party s situation cannot be improved without making another party s situation worse. Pareto… … Investment dictionary
Pareto principle — A principle of welfare economics derived from the writings of Vilfredo Pareto , which states that a legitimate welfare improvement occurs when a particular change makes at least one person better off, without making any other person worse off. A… … Dictionary of sociology
Optimality criterion — In statistics, an optimality criterion provides a measure of the fit of the data to a given hypothesis. The selection process is determined by the solution that optimizes the criteria used to evaluate the alternative hypotheses. The term has been … Wikipedia
Vilfredo Pareto — Lausanne School Born 15 July 1848(1848 07 15) Died 19 August 1923(1923 08 … Wikipedia
Constrained Pareto efficiency — The condition of Constrained Pareto optimality is a weaker version of the standard condition of Pareto Optimality employed in Economics which accounts for the fact that a potential planner (i.e. the government) may not be able to improve upon a… … Wikipedia
Hicks optimality — In game theory, a Hicks optimal outcome, named after John Hicks, is an outcome in which the total payoff for all of the players of a game is the most it could possibly be. A Hicks optimal outcome is always Pareto efficient … Wikipedia
ОПТИМАЛЬНОСТЬ ПАРЕТО — (Pareto optimality) теоретическое состояние экономики, характеризующееся тем, что экономическое благосостояние индивидуума не может быть улучшено без сокращения уровня жизни одного или многих других. Таким образом, усовершенствование Парето… … Большой толковый социологический словарь
