Pareto optimum
Definition
Conditions under which the state of economic efficiency (where no one can be made better off by making someone worse off) occurs. Also called Pareto optimal or Pareto optimality. See also Pareto principle.
Pareto optimum is in the Economics, Politics, & Society and Statistics, Mathematics, & Analysis subjects.
Pareto optimum appears in the definitions of the following terms: economic efficiency, Pareto optimality and Pareto optimal
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