Examples of 'pareto efficiency' in a sentence
Meaning of "pareto efficiency"
pareto efficiency ~ A concept in economics that describes a state where one individual or group cannot be made better off without making another individual or group worse off. It is often used in discussions about resource allocation and social welfare
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- Synonym of Pareto optimality
How to use "pareto efficiency" in a sentence
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pareto efficiency
So here what we get is the pareto efficiency.
Pareto efficiency with respect to the allocated items.
This concept is analogous to Pareto efficiency.
Pareto efficiency does not require a totally equitable distribution of wealth.
An underlying objective of water trading is to achieve Pareto efficiency.
The Pareto efficiency has not been attained in these.
The idea is related to Pareto efficiency.
Pareto efficiency is great, no doubt about it, but sometimes it is impossible to reach.
Perfectly functioning competitive markets achieve Pareto efficiency.
He introduced the concept of Pareto efficiency and helped develop the field of microeconomics.
This is what we refer to as Pareto efficiency.
Hence, Pareto efficiency is a necessary, but not a sufficient condition for social welfare.
Pareto also authored the concept of Pareto efficiency.
Pareto efficiency is not, to be sure, sufficient.
In none of these cases does the criterion of Pareto efficiency obtain.
See also
Welfare economists typically measure social good in terms of Pareto efficiency.
Bayesian efficiency addresses an appropriate economic definition of Pareto efficiency where there is incomplete information.
A common concept of efficiency used by law and economics scholars is Pareto efficiency.
The latter corresponds to least-cost-price of production from Pareto efficiency reached in competitive equilibrium.
The analysis of welfare economics is built around the concept of Pareto efficiency.
This paradigm stresses the importance of Pareto efficiency standard.
There is a second concept that economists call Pareto efficiency.
They are used to determine whether an activity moves the economy toward Pareto efficiency.
Such a result came to be called Pareto Efficiency.
The Pareto principle is only tangentially related to Pareto efficiency.
In addition, an allocation is deemed efficient if it satisfies Pareto efficiency.
You can think of another notion of Efficiency, which is called pareto efficiency.
Each can ( and commonly does ) incorporate Pareto efficiency.
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Pareto is also looking for senior consultants
So here what we get is the pareto efficiency
Pareto reports to identify leading failure drivers
Examples of using Efficiency
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Improve the energy efficiency of a shopping centre
Efficiency and emissions requirements of combustion equipment
Liberalisation enhances efficiency of local insurance market
